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Glasgow Live
Glasgow Live
National
August Graham, PA City Reporter & Katie Williams

Energy bills will soar to nearly £3,600 from October in new Ofgem prediction

Winter is set to be harsher than last as experts forecast that the cap on energy bills will rise close to £3,600 per year from October - before jumping again in January.

While Ofgem warns to take energy predictions with caution, PA news agency reports that the 'observation window' - when Ofgem tracks the market to decide what the cap will be - closed on Thursday and so these estimates are more certain than ever.

Experts from Auxilione, an energy consultancy, has forecasted its final prediction and warns that is the regulator will set the cap at £3,576 per year for the average household. The cap is currently £1,971.

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