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Daily Mirror
Daily Mirror
National
Professor Richard Murphy & Milica Cosic

'Energy price fixing works AGAINST users - but new system would instantly cut bills'

With millions of Brits set to see their bills soar by £1,578 a year on average by October, a campaigner explains why energy costs so much, and how price fixing works against users.

Ofgem in August announced that its price cap will rise to £3,549 for those on default tariffs paying by direct debit - up from the current figure of £1,971 and an 80% increase.

The rise in the price cap will inevitably add more pressure on to families already struggling with the cost of living crisis.

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