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Daily Mirror
Daily Mirror
Business
Emma Munbodh

Energy price cap rise means bills to rise by £700 for millions of households from today

Households are facing eye-watering rises on energy bills from today as the maximum amount firms can charge people on default tariffs is rising by an average of £693.

This is because the Ofgem price cap has risen today.

The energy regulator's cap is based on average usage, so use more energy and you'll pay even more than the proposed increase - with some households facing annual bills upwards of £2,000 from April 1.

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