The energy price cap for October has finally been confirmed - with millions of Brits set to see their bills soar by £1,578 a year on average.
Ofgem has announced that its price cap will rise to £3,549 for those on default tariffs paying by direct debit - up from the current figure of £1,971 and an 80% increase.
For those paying by prepayment meter - typically vulnerable households or those struggling to pay for their energy - there is a bigger jump from £2,017 to £3,608.
