Many people are feeling the pressure from the cost of living crisis as prices rise on various fronts – including and especially energy costs.
Today, energy regulator Ofgem has announced that bills will rise from the beginning of April. They announced the new energy price cap, which is the maximum amount that suppliers can charge for a typical house in Great Britain.
The new cap which will apply from 1 April to 30 September means energy bills will rise by a whopping 54%.