When will Ofgem announce the official October energy price cap increase?

As the vitality crisis, which has noticed wholesale gas price ranges quadruple in the last 12 months, carries on, tens of millions of households can assume their strength costs to increase yet again when strength regulator Ofgem next evaluations the selling price cap. 

Analysts at Cornwall Insight assume that the vitality selling price cap will increase from the latest figure of £1,971 for every 12 months based on usual use, to £3,500 – an raise of 78%. 

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