Energy bills will rise for about 15 million households in Great Britain from April after the regulator, Ofgem, lifted the price cap on standard tariffs back to pre-pandemic levels. Ofgem said that for six months from April the price cap will increase by £96 to £1,138 for 11 million customers on a standard dual-fuel energy tariff, and by £87 to £1,156 for 4 million prepayment meter customers. The regulator blamed the higher than expected rise on the sudden increase in prices on the wholesale energy markets. It also added an extra charge to help energy companies recover cash from households that have been unable to keep up with their bills during the Covid-19 crisis.
Guardian 5th Feb 2021 read more »
Telegraph 5th Feb 2021 read more »
Times 6th Feb 2021 read more »