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Daily Mirror
Daily Mirror
Business
Patrick Daly

How much are energy prices increasing by and should I fix my tariff now?

Energy prices have been sent soaring in recent months by the easing of coronavirus lockdowns and Russia ’s unprovoked full-scale attack on Ukraine.

The issue has become so bad that ministers have stepped in to offer financial support to every household in the UK, with those on the lowest incomes set to be topped up further.

From record lows during the pandemic in 2020, the energy price cap - a policy designed to keep bills low for customers and which has effectively become the main base rate tariff - is due to rocket higher again in October, having already been put up substantially in the spring.

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