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Ofgem energy price cap explained - Could your winter bills be going up?

Daily Record Friday, 23 August 2024 ()
Households across the UK are preparing for another energy hike, with many misled by assuming the new price cap limits a cap on how much you pay for your energy.
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Video Credit: ODN - Published
News video: Ofgem: Energy price hike will be difficult for households

Ofgem: Energy price hike will be difficult for households 00:44

The average household energy bill is to increase by £149 from October after Ofgem said it was increasing its price cap as homes approach the winter months. Jonathan Brearley, chief executive of Ofgem, said rising prices in the international energy market, due to heightened political tensions and...

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