The Latest Breaking News from Ofgem

How the UK energy price cap is calculated – and how it affects your bill

Suppliers’ costs are soaring, which means the price consumers pay for gas and electricity will rise, too

The Guardian - UK · Feb 3, 2022

What is the energy price cap, how much is it rising and why is it in the news now?

The rate was originally introduced to protect those on the highest tariffs paying over the odds but it's become what most families pay

Chronicle Live · Feb 3, 2022

Martin Lewis slams 'catastrophic' announcement that will affect every adult in the UK

ITV's Money Saving Expert has warned over 22 million households will be affected

Manchester Evening News · Feb 3, 2022

THG, Boohoo and B&M: Shares in consumer giants hit as cost of living hikes confirmed

The energy price cap and interest rates are set to rise

Birmingham Post · Feb 3, 2022

Simple ways every household can cut their energy bills by more than £700 per year

Ofgem has lifted the energy price cap by 54 per cent - but it is possible to drastically reduce your monthly bills

Manchester Evening News · Feb 3, 2022

Huge hikes in energy bills a ‘hammer blow’ for households, say advice groups

Ofgem announced on Thursday that the cap on household energy bills will soar by £693 per year from the beginning of April.

The Independent UK · Feb 3, 2022

Thousands of Lanarkshire residents facing huge hike in energy bills

Regulator Ofgem announced a 54 per cent rise in the energy price cap.

Daily Record · Feb 3, 2022

Ofgem price cap explained as Liz Truss to 'freeze' bills at £2,500

The Ofgem energy price cap is due to hit £3,549 this October, an 80% increase - but today Liz Truss is expected to announce Government plans to freeze the cap at its current level

Daily Mirror · Feb 3, 2022

What is the energy price cap and what does it mean for you?

Rising global gas prices inspiring dramatic increase in household bills in 2022

The Independent UK · Feb 3, 2022

Energy price cap rises: How £200 Government refund scheme will really work

Plans have been unveiled to help people pay their energy bills

Liverpool Echo · Feb 3, 2022