Every household in Britain knows what is coming and they are braced for impact. The energy price cap will rise on October 1 and we'll know by how much in less than a week.
Ofgem, the energy regulator, is set to announce the rise on Friday (August 26). It is expected to soar to around £3,600 for the average household - a steep increase on the current £1,971 the average household is paying.
And that's not the end of it as further rises will be announced for January 1 and for April 1- with the latest forecast suggesting annual bills could rise to £6,000 per year for the average household.
