Millions of Brits are set to be thousands of pounds worse off as the cost of living crisis deepens.
Last month, Energy regulator Ofgem confirmed it was upping its price cap from £1,277 to £1,971 - a 54% increase of £693. Prepayment customers will be the most affected, with an increase of £708 from £1,309 to £2,017.
At the same time the Bank of England raised interest rates from 0.25% to 0.5% - affecting millions of people with a mortgage.
