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Evening Standard
Evening Standard
Business
Michael Hunter

How does the UK’s energy price cap compare with soaring prices abroad?

Ofgem has put up the UK’s energy price cap from October (Yui Mok/PA)

(Picture: PA Wire)

UK consumers are reeling from news that the price cap on the energy bills of over 24 million customers is going up 80% in October to £3,549.

Around 4.5 million people using pre-payment meters -- including some of the most vulnerable -- will pay even more at £3,608. Experts are warning that everyone faces further rises taking annual bills to  nearly £5,400 in January and up to £7,200 in April.

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