British Gas, OVO, EDF, EON, Octopus customers face extra 10% bill hike on top of price cap
Friday, 23 August 2024 A proposal to scrap the standing charge and move costs to a unit rate could see bills rise for 500,000 low-income households, Ofgem warned.
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. Energy Secretary Ed Miliband said the announcement “will be deeply worrying news for many families”. He blamed the price cap hike on the...