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The Independent UK
The Independent UK
Albert Toth

Energy bills still forecast to rise nearly £300 in summer, households warned

Energy United States Donald Trump Martin McCluskey Iran Ofgem

Energy bills are still set to rise by nearly £300 in the summer, a leading forecaster has warned, as conflict in the Middle East continues to hit the UK’s economy.

Cornwall Insight has predicted Ofgem’s July price cap will rise to £1,934 from the £1,641 April cap – a rise of nearly £300. The respected consultancy has lowered their estimate slightly from last week, when they put it at £1,973.

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