The Latest Breaking News from Ofgem

'This winter will be a heck of a shock': The people struggling to survive the cost of living crisis

And it's only set to get harder. Some analysts are predicting average household energy bills of £3,300 in October and persistent high prices throughout next year

Wales Online · Aug 4, 2022

Ofgem confirms energy price cap to be reviewed every three months as inflation predicted to hit 13.3%

Energy bills are not expected to start coming down until then end of 2024 or early 2025.

Daily Record · Aug 4, 2022

Bank of England hikes rates as it predicts 13% inflation and long recession

Base rate raised by 0.5 percentage points to 1.75%, as Bank says inflation will hit 13% in October

The Guardian - UK · Aug 4, 2022

What the energy price cap is and why it's changing

Ofgem says reviewing it every three months will provide stability to the market

Wales Online · Aug 4, 2022

Another gas bill ‘hammer blow’ for families

Ofgem boss warns of ‘very difficult winter’ with households facing new hike on January 1

Evening Standard · Aug 4, 2022

Energy bill price cap to be updated FOUR times a year as Ofgem warns of ‘challenging winter’

The price cap could increase to £3,729 from April next year, according to the latest predictions

Manchester Evening News · Aug 4, 2022

What is Don't Pay UK: Organisation attempts to get Brits to stop paying energy bills

Ofgem has confirmed that price caps are set to update every three months, rather than six

Nottingham Post · Aug 4, 2022

Ofgem confirms huge price cap change affecting all energy bills

The change will help to provide more accurate pricing for customers

Liverpool Echo · Aug 4, 2022

Ofgem confirms price cap WILL change every three months - what it means for your bills

Ofgem has confirmed it will update its energy price cap every three months, instead of every six - meaning millions of Brits will see an update to their energy bills four times a year, instead of two

Daily Mirror · Aug 4, 2022

DWP bans energy firms from taking more money out of benefits for gas and electricity

The Government has put a stop on companies increasing the amount that can be charged to families who receive benefits - and the rule is in place until April 2023

Chronicle Live · Aug 4, 2022