Households already reeling from this week’s energy price bombshell could face more hikes before next winter, it has emerged.
Regulator Ofgem confirmed on Thursday that energy suppliers would be allowed to increase average prices for 22 million customers by an inflation-shattering 54% from April 1, adding a punishing £700 to the typical annual bill.
Experts predict bills could leap by another £300, to £2,300 next October given current sky-high wholesale energy costs.