Millions of households are set to be affected as the energy price cap is hiked to over 80 per cent to £3,549.
Ofgem has confirmed the 80.06 per cent rise in the energy price cap, sending the average household's yearly bill from £1,971 to £3,549 from October. Coming into effect in Scotland on energy default tariffs on October 1, the cap will then remain in place until December 31, when it will be adjusted again.
Ofgem's chief executive Jonathan Brearley warned of the hardship energy prices will cause this winter and urged the incoming Prime Minister and new Cabinet "to provide an additional and urgent response to continued surging energy prices".
