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Daily Mirror
Daily Mirror
Business
Emma Munbodh

How much are energy bills rising on April 1 and does the price cap affect me? Explained

There was a time when you could save hundreds by switching your energy supplier. Just two years ago, the average saving was around £300 per household.

But those days are gone, for now, at least, with not even a single 'cheap' fixed tariff left.

It's all to do with the pandemic. When markets reopened after global lockdowns, suppliers were hit by a huge surge in demand, and in turn, wholesale prices rocketed.

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