Householders are set to be hit with rising energy costs from this week after Ofgem confirmed an energy price cap increase from April 1.
On Friday, energy regulator Ofgem will hike its energy price cap by 54%. The energy price cap, which limits the rates a supplier can charge for each unit of gas and electricity you use, will jump by £693 from £1,277 to £1,971. Prepayment customers will be worse hit, with a jump of £708 from £1,309 to £2,017, and that's without the possibility of further hikes, with wholesale gas prices increasing regularly.
Customers at three of the major energy companies have revealed how their bills have increased and what they plan to do to help keep bills down.
