The energy price cap will increase from 1 October for the 15 million customers it protects, regulator Ofgem has confirmed.
The typical gas and electricity customer is likely to see their bill go up by £139 to £1,277 a year.
This increase is driven by a rise of over 50% in energy costs over the last six months with gas prices hitting a record high as the world emerges from lockdown.
Surging global fossil fuel prices are already driving up inflation for consumers, making fixed-rate energy tariffs not covered by the price cap, as well as petrol and diesel more expensive.
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Our dedicated friendly team is here to offer free help and support. From advice on switching providers to organising payment plans and sourcing grants and discounts, there’s lots of ways we can help.
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