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Manchester Evening News
Manchester Evening News
National
Fionnula Hainey

Energy bills surge for millions as Ofgem lifts price cap - what you need to know and how it will affect you

The energy price cap will rise by 54 per cent from April this year, Ofgem has announced.

The rise will see average annual bills rise by around £693 to as much as £1,971 for standard tariff customers and £2,017 for prepayment meter customers.

The energy regulator sets a new price cap - the maximum amount suppliers are allowed to charge their customers - every six months, and it affects around 22 million homes across England, Wales and Scotland.

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