Ofgem, the energy regulator, has confirmed that gas and electricity bills for millions of households across Scotland and the rest of the UK will increase by £693 from April 1, 2022.
The increase will see the average household energy bill rise 54 per cent to £1,971 per year and may go up even higher in October after it conducts its next review in six months time.
Chancellor Rishi Sunak will make an announcement in Parliament and lead a press conference at 5pm from Downing Street setting out his plans to help people cope with the increase. It is being widely reported that Mr Sunak will commit to giving households in Council Tax bands A to D rebates funded by UK Government grants under targeted measures for those on a lower income or benefits.