Billpayers struggle as UK winter energy tariffs rise by 80% to £3,549
August 26, 2022 | Commodities & Oilprice, Energy Trading & Markets
The UK’s energy regulator, Ofgem, will likely raise its tariff cap again in January UK, London | UK energy regulator Ofgem has announced its next energy tariff price cap, showing that energy bills may rise by 80% from October. Since January 2022, the tariff cap has now risen by 179%. On Friday, Ofgem announced that the energy tariff price cap will rise to $3,549 per year for gas and electricity for an average household paying via direct debit from the start of October. Many energy businesses currently …