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Evening Standard
Evening Standard
World
Bill McLoughlin and Daniel Keane

Ofgem price cap 2022: What is the energy price cap and why are bills going up?

Ofgem United Kingdom National Insurance

The energy price cap is set to soar by £829 from October - dealing another cost of living blow to households already hit by inflation, an increase to national insurance payment and rising council tax rates.

The rise will mean the price cap will approach near to £2,800.

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