Energy bills set to rise by £400 for millions of households in the spring as gas price soars to record high

Energy bills set to rise by £400 for millions of households in the spring as gas price soars to record high

Energy bills set to rise by £400 for millions of households in the spring as gas price soars to record high

The Independent says Energy bills are set to jump by one third for millions of households this spring after the price of natural gas soared to a new record level on Wednesday, with experts forecasting that worse is yet to come.

Experts now forecast that the energy price cap, which sets a maximum that suppliers can charge for gas and electricity, will have to rise by a further £400 when it is next reviewed by regulator Ofgem in February, coming into effect in April.

https://www.independent.co.uk/news/business/energy-bills-gas-price-increase-b1933460.html


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