The cap on energy bills could top an unprecedented £5,000 next year, according to the bleakest forecast yet for struggling households. Experts said that at Wednesday’s energy prices they expect that regulator Ofgem could be forced to set the cap at £5,038 per year for the average household in the three months beginning next April.
It is more than £200 higher than previous forecasts, which were already grim, and heaps extra pressure on households across the UK. Auxilione, an energy consultancy, also predicted that bills would reach £4,467 in January.
This forecast is likely to worry energy users more than April’s higher number, as households use more gas during the winter months. As it stands, the nightmare scenario would mean that an average household will spend £571 on energy in the month of January.
