Energy price cap October 2022: Ofgem confirms £3,549 price hike for UK households - News Summed Up

Energy price cap October 2022: Ofgem confirms £3,549 price hike for UK households


The energy price cap will rise to £3,549 from October 1,, Ofgem has announced. How to reduce your energy billsMr Brearley said: “We know the massive impact this price cap increase will have on households across Britain and the difficult decisions consumers will now have to make. “The price of energy has reached record levels driven by an aggressive economic act by the Russian state. Ofgem has no choice but to reflect these cost increases in the price cap. See how it works📺 https://t.co/7SyVaj2ogq pic.twitter.com/4wqpvMDGpl — Ofgem (@ofgem) January 25, 2022No immediate extra help will be announced by Boris Johnson’s Government, with major financial decisions being postponed until either Liz Truss or Rishi Sunak is in No 10 after the Tory leadership contest.


Source: The Herald August 26, 2022 07:03 UTC



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