Ofgem unveils price cap rise as millions to pay more for energy bills
by Jane Dalton and Andy Gregory
Nov 23, 2023
3 minutes
Millions of householders are set to pay 5 per cent more for their gas and electricity bills after the energy watchdog announced its latest price cap.
Bills for a typical energy user paying by direct debit will rise from £1,834 a year to £1,928, an increase of £94, Ofgem announced on Thursday.
The new rates – which come into effect from 1 January – will cause dismay among the millions of people across the UK struggling with the cost of living.
For an average household paying by direct debit, the unit rate will
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