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The Independent UK
The Independent UK
Business
Holly Williams

Energy price cap ‘set to rise in January’, dealing blow to hopes of a cut

Household hopes for energy bills to edge lower in January look set to be dashed as the latest prediction shows a rise at the start of next year (PA) - (PA Wire)

Household hopes for energy bills to edge lower in January look set to be dashed as the latest prediction shows a rise at the start of next year.

Energy consultancy Cornwall Insight said it expects Ofgem to reveal on Friday that the typical household’s energy bill will rise by 1%, or £19, to £1,736 from £1,717 on January 1.

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