What does energy price cap mean and how much will my bills rise by?
What does energy price cap mean and how much will my bills rise by?
The energy price cap has risen again (Picture: Getty)
Ofgem’s energy price cap will be now be going up every three months, instead of every six – with a new cap coming in October, and energy bills expected to reach £4,266 per year by January 2023.
This new figure will leave many at risk of being ‘destitute’, says trusted money expert Martin Lewis.
Indeed, Brits are being warned of a ‘very…
See also Living in the countryside costs £3,300 more for essentials a year than the national average
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.