Ofgem has confirmed its energy price cap will soar from £1,971 to a staggering £3,549 in less than five weeks time.
The current price cap was last adjusted in April this year, rising from £1,277 to £1,971 per year on average. Money Saving Expert Martin Lewis has previously warned that Britain will face a dire winter as the prices continue to spiral.
New figures will devastate households who are already struggling to make ends meet. The news comes just days after inflation rose to more than 10% - a forty year high.