Energy bills will rise for millions households from tomorrow as the £2,500 Energy Price Guarantee comes into effect.
The new Government initiative replaces the Ofgem price cap - which would’ve seen bills rise to £3,549 for someone with typical use - and will be in place for two years.
It means households won’t face the hideous rises that were expected to come next year - with analysts previously predicting that gas and electricity bills will hit £6,000 in 2023.
