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Evening Standard
Evening Standard
Business
Josie Clarke

Households facing expected £100 rise to energy price cap from April

An additional hike to energy prices has been predicted (PA) - (PA Wire)

Households have learnt they are facing a £100 hike to energy bills in April on the eve of a 2% increase to Ofgem’s price cap taking effect.

Rising charges to operate and maintain Great Britain’s electricity and gas networks, alongside a slight increase in a levy to support the next generation of nuclear power stations, are forecast to push the price cap to approximately £100 higher in April compared with January, experts at Cornwall Insight said.

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