Households could be faced with another energy shock in October - with the possibility that bills could surge by a further £600, according to reports.
Families could be hit with further increases just months after April's energy price cap hike, which has added £693 to the average bill, reports The Sun.
The price cap has risen to £1,971, a 54 per cent jump, adding hundreds of pounds to millions of households' energy costs. Experts have predicted that the cap could rise a further £600 in October, taking the average bill to £2,571.
If the forecast from Cornwall Insight is correct, that means the cap will have doubled in just one year. The price cap limits how much energy suppliers can charge for their standard variable tariffs.
Read more on manchestereveningnews.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.