Money expert Martin Lewis has given his advice on how to avoid a nasty spike in energy bill costs as Ofgem’s upcoming price cap rise is confirmed.
The figure will be increasing on 1 April to £1,849, up 6.4 per cent from £1,738. The energy price cap is the maximum amount energy suppliers can charge for each unit of energy for someone on a standard variable tariff. That includes most households, and it is expressed as an annual bill for an average home.
