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Daily Mirror
Daily Mirror
Business
Reanna Smith

What are the new price cap unit rates? Energy price cap per kWh 2022

Energy prices are set to soar again as Ofgem confirms the energy price cap for October 2022.

It's been announced that the cap is set to increase the cost of energy by a massive 80%, which means that the average energy bills will rise from the current £1,971 per year to £3,549 per year.

Ofgem said that the typical household on a prepayment meter will see even more expensive bills, rising from £2,017 to £3,608.

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