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Millions of households could see their gas and electricity bills jump by almost £150 a year at a time when household finances are already under pressure.
Regulator Ofgem is expected to lift the price cap by £150 a year for gas and electricity bills next week.
The cost hike will affect 11 million families on default or “standard variable” tariffs who have not switched suppliers in the past year.
An additional 4 million households with pre-payment meters will face a similar increase.
In October, average annual bills will go up from £1,138 to around £1,288, an increase of 13 per cent. The move will affect significant numbers of the UK’s most vulnerable households who are more likely to be on default tariffs or pre-payment meters.
https://uk.yahoo.com/news/energy-bills-soar-biggest-increase-230512754.html