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Evening Standard
Evening Standard
Business
Josie Clarke

Winter energy price cap to rise 4%

Ofgem Electricity
The regulator said the price cap will rise by £60 per year – or £5 per month – to £1,723 for the average household (PA) - (PA Archive)

Households are facing heightened winter pressure from energy bills after regulator Ofgem raised its price cap by 4% to a three-year high.

The regulator said the price cap will rise by £60 per year – or £5 per month – to £1,723 for the average household using both electricity and gas if this level was sustained for a year.

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