The UK’s energy price cap, the maximum amount a utility company can charge an average customer per year for the amount of electricity and gas they use, has been reviewed again and risen by a shocking 80 per cent, meaning a steep rise in household bills this winter.
Ofgem, Britain’s energy industry regulator, has announced that the cap will rise from £1,1971 to £3,549 from 1 October 2022 for a household on average usage. That means a £1,578 per year increase for the average customer.
