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Edinburgh Live
Edinburgh Live
World
Katie Williams

Octopus Energy issue update to customers ahead of price cap hike

Octopus Energy have updated their terms and conditions announcing a change for new customers.

The update comes as millions will be concerned about the rising energy costs as experts forecast the average yearly household bill will rise by 74 per cent to £3,600 this winter. Back in April, the energy price cap jumped by 54 per cent and now it is expected to rise even higher.

Despite the cost of living payments and the energy discount, thousands of homes across the UK are at risk of falling into fuel poverty as the bills rise as does the cost of the living with inflation is forecasted to hit 13 per cent in the coming months.

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