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The Latest Breaking News from Ofgem

UK energy price cap explained by Ofgem as bills set to soar

Ofgem is expected to announce on Thursday, February 3 that the energy price cap is to rise by 50%

Nottingham Post

Martin Lewis warns Brits to brace for energy bill hikes of up to 60% in April

The cost of energy will rise by up to £723 per household from April as the Ofgem regulator overhauls a price cap which is keeping bills artificially low for 70% of UK homes

Daily Mirror

Ofgem set to confirm energy price rise for 22m households across the country

Chancellor Rishi Sunak will also announce support for those on lower incomes once the cap has been confirmed.

Daily Record

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What is the energy price cap and how is it calculated

It limits the amount your energy supplier can charge you

Wales Online

What time is Ofgem's energy price cap announcement on gas and electricity bills

Today you will find out how much your energy bills are going up by from April 1

Wales Online

Sunak to announce support with energy price cap set to soar

The Chancellor is expected to make an announcement after Ofgem details the hike to the price cap.

The Independent UK

New £200 energy bills uplift will plunge one in four into financial problems, says energy regulator

Energy regulator Ofgem confirmed it was bringing forward an announcement on April's rise in its price cap from next Monday. Targeted measures for poorer households are expected

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Latest cost of living shock as new £200 energy bill increase risks financial problems for one in four households

It comes after energy regulator Ofgem confirmed it's bringing forward an announcement on April’s price cap rise

Wales Online

Energy bills could increase by £53 a MONTH plunging millions of Brits into crisis

Energy regulator Ofgem will make an 11am announcement and Chancellor Rishi Sunak will announce help for families from 11.30am - but with the average bill tipped to rise by £600 it's unlikely to be enough

Daily Mirror

Energy cost spike expected as Ofgem brings forward price cap announcement

The latest predictions are that it will be around £1,900 for an average household

Nottingham Post

Ofgem price cap 2022: What is the energy price cap and why are bills going up?

The energy price cap is set to soar by £829 from October - dealing another cost of living blow to households already hit by inflation, an increase to national insurance payment and rising council tax rates.

Evening Standard

What is the energy price cap and how does it work, with MILLIONS of households affected

People in the UK will be feeling the pinch over the coming months amid a cost of living crisis. Rising energy prices won't help struggling households, with Ofgem announcing a price cap tomorrow

Daily Mirror

Energy bills to rise as Ofgem brings forward price cap announcement

Regulator will unveil highest-ever increase on Thursday as government considers how to protect households

The Guardian - UK

Ofgem to make urgent announcement on gas and electricity bills on Thursday

The major change to how much you pay was not set to be announced until next week

Wales Online

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The Independent UK

Spike in energy prices expected as Ofgem brings forward price cap announcement

Bills might rise by around 50% from April, but the Government is reportedly eyeing an intervention to help keep costs down.

The Guardian - UK

Ofgem to unveil new household energy bill price cap on Thursday morning – business live

Energy regulator to announce how much bills for 22m UK households can rise from April, as eurozone inflation hits record high of 5.1%

Evening Standard

Ofgem to announce 50% energy price cap jump as UK faces ‘years of boom and bust’ pricing

The new price cap will be announced on Thursday and the tariff will come into force from April

Wales Online

Customer switching to British Gas told the bill will be £5,000 a month

British Gas says it is aware of the problem and has flagged the issue to Ofgem

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Daily Mirror

Boris Johnson 'reconsidering' VAT cut on energy bills for every household

An announcement on a support plan is poised to come next week, ahead of Ofgem’s announcement on how much the energy price cap will rise in April. The rate is due to be confirmed on February 7

The Guardian - UK

Energy bills: ‘I got a green deal, so why am I paying eye-watering sums?’

Some Britons on renewable energy deals promising green power face higher bills than standard tariffs

Edinburgh Live

Major UK energy supplier collapses affecting 176,000 Brits as urgent advice issued

Customers of the now collapsed energy supplier and its sub-brand will be contacted by a new supplier, which will be chosen by regulator Ofgem - with everyone urged to take a meter reading

Insider UK

Together Energy becomes latest supplier to collapse

The Clydebank-based business supplies about 176,000 domestic customers

Ideal Home

How to calculate a gas bill - we decipher the jargon to ensure you don’t spend a penny more than you need to

As energy prices rise, here's how to work out what you are spending and why on gas

Wales Online

Together Energy is latest UK energy company to collapse ahead of April bill hike

Ofgem said it leaves 176,000 customers without an energy supplier

Bristol Post

Bristol Energy: What customers need to do now as energy supplier goes bust

It announced it will cease trading with "immediate effect" after its parent company went bust

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