Share:Britain's energy watchdog plans to decide on the next price cap, which is expected to be considerably higher than the current level, in February before it comes into force in early April. As of 1 October, at least 15 million households in England, Wales, and Scotland will face higher domestic energy bills under the UK Office of Gas and Electricity Markets (Ofgem)'s latest price cap. The bills will rise by £139 ($193) from £1,138 ($1,583) to a record high of £1,277 ($1,777) a year, according to the British energy watchdog. "Higher energy costs are never welcome news to anyone and the timing and size of this increase will be particularly difficult for many families still struggling with the impact of the pandemic. Anyone struggling to pay their energy bills should get in touch with their supplier to access the help that is available", the spokesperson underscored.

Source: The Nation October 01, 2021 09:33 UTC