
Millions of households have been urged to consider fixing their energy prices as the latest hike to the price cap sees their bills reach an average £1,849 a year.
The third consecutive increase to Ofgem’s price cap taking effect from Tuesday sees the bill of a typical household paying by direct debit rise 6.4%, an increase of £111 a year or £9.25 a month after it went up by 10% in October and another 1.2% rise in January.