August 9, 2022

Because the vitality disaster, which has seen wholesale gasoline costs quadruple within the final 12 months, continues, tens of millions of households can anticipate their vitality payments to rise once more when vitality regulator Ofgem subsequent evaluations the value cap. 

Analysts at Cornwall Perception anticipate that the vitality value cap will improve from the present determine of £1,971 per 12 months primarily based on typical use, to £3,500 – a rise of 78%.