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Evening Standard

Josie Clarke

Household energy prices set to remain high this winter as £221 rise takes effect

United States Ofgem Iran Cornwall Cornwall Insight

Energy prices are set to rise (Jacob King/PA) - (PA Archive)

Household energy prices are set to remain high throughout this winter, according to latest forecasts ahead of a £221 jump from Wednesday.

The energy price cap is currently forecast to fall by around 0.5% in October compared to July as the US-Iran 60-day ceasefire helps to stabilise wholesale gas markets, Cornwall Insight said.

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