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Daily Mirror
Daily Mirror
Business
Levi Winchester

Ofgem price cap rises to £3,549 - what it means for your energy bills

Ofgem has confirmed its energy price cap will hit £3,549 in October for those on default tariffs paying by direct debit.

This is an eye-watering rise of £1,578 - or roughly 80% - from the current price cap level of £1,971.

For those paying by prepayment meter, there is a bigger jump from £2,017 to £3,608.

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