Daniel Lee Discover Provident Bill Daniel Lee

Cost of living calculator - how much will your energy bills rise this autumn?

Reading now: 265
manchestereveningnews.co.uk

With Ofgem's announcement that the energy price cap will soar to £3,549 in October, many may be concerned about how their annual energy bills will develop in the coming months.

The energy price cap will determine the max limit energy suppliers can charge for each unit price of electricity and gas consumers use.

Because of this, your bill will fluctuate depending on how much energy you use - that is, the more you use, the more you pay. Read more: What happens if you are struggling to pay energy bills and can't afford price cap The cap also determines the daily standing charge consumers pay to have their homes connected to the grid.

However, it can be difficult to determine just how much you will pay for your energy bill when the price cap increases from October 1.

Read more on manchestereveningnews.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA