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Liverpool Echo
Liverpool Echo
World
Emma Munbodh & Dan Haygarth

EDF confirms bills will rise by average of £693 a year after price cap increase

An energy provider has confirmed that bills will rise by an average of £693 a year from April - affection two million people.

EDF will raise its rates in line with the new energy price cap, meaning that people on standard variable tariffs will see their bills skyrocket from the spring.

Earlier this month, regulator Ofgem gave energy companies the green light to increase the maximum rate on variable tariffs by 54%.

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