Households issued urgent 48-hour warning as energy bills to rise by £94
Households have been issued an urgent 48-hour warning to submit meter readings ahead of a £94 increase to the average home energy bill, which is due to come into effect on 1 January.
Ofgem is increasing its price cap in response to rising wholesale prices, which has been driven because of market instability and global events, particularly the conflict in Ukraine.
The regulator’s price cap is rising by 5 per cent from the current £1,834 for a typical dual fuel household to £1,928 from Monday, with to ensure
