Energy bills are set to rise again this winter and pile more pressure on families during the cost of living crisis. The energy price cap - which is currently set at £1,971 for someone with typical use, paying by direct debit - is expected to rise again when it is reviewed in October.
Experts at Cornwall Insight expect a concerning jump of almost 82% to £3,582 in October - followed by an even higher rise to £4,266 in January, as reported by the Mirror. But bleaker predictions has been published by consultancy firm Auxilione - who say the energy price cap could hit £4,650 in January and £5,456 by April.
While there is not much you can do about the price cap level, you might be able to make small changes around your home to help lower your bill. The price cap isn’t actually a total cap on your bill - instead, it is a limit on the unit rate and standing charge that energy suppliers can charge for their standard variable tariffs.
