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Manchester Evening News
Manchester Evening News
Business
Ashlie Blakey

Latest energy price cap rise announced as average household bill set to hit £3,549 in October, Ofgem announces

The energy price cap will rise again - sending the average household bill rocketing to £3,549 from October, regulator Ofgem has announced.

This means the yearly gas and electricity bill for the average household will rise from from £1,971 - more than 80 per cent. Energy bills will be around £2,300 more than a year earlier.

The announcement came today amid the worsening cost-of-living crisis, with petrol and household item prices soaring and taxes and interest rates also going up. Households have been told to brace for a tough winter, with families having to come up with the money to pay bills or face living in the cold.

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