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The Guardian - UK
The Guardian - UK
Business
Harry Taylor

Energy price cap in Britain could near £3,000 this autumn

Smart energy meter next to kettle
Ofgem’s energy price cap was £1,277 last winter before a rise of nearly £700 in April. Photograph: Andy Rain/EPA

The energy price cap could reach nearly £3,000 in the Britain at the beginning of October, with the planned increase possibly being more than £1,000 according to a new forecast.

It is expected to rise to £2,980.63 for the next period, which runs between October and December, after another spike in wholesale demand prices last week.

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