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The Guardian - UK
The Guardian - UK
Business
Phillip Inman and Alex Lawson

Energy bills likely to rise by £800 in October, says Ofgem chief

Brearley said wholesale gas had risen by as much as 10 times the normal price in recent months.
Brearley said wholesale gas had risen by as much as 10 times the normal price in recent months. Photograph: MartinPrescott/Getty Images/iStockphoto

Calls for the chancellor to act immediately on the cost of living crisis grew louder after the head of the energy regulator told MPs it is on course to raise the cap on household energy bills to about £2,800 in October.

The increase in the cap would push up the average annual bill by more than £800, after the regulator Ofgem increased it by £693 in April to £1,971.

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