This increase in the guarantee means household bills will rise by 20%.Ĭharities are calling on the government to maintain the guarantee at £2,500 to avoid worsening the cost of living crisis for consumers already struggling to pay their bills. It will rise to £3,000 on 1 April, the same day the new Ofgem cap becomes effective. The new cap will not be used to determine household bills because it will remain above the government’s energy price guarantee, introduced last October as the cap rocketed in response to rising wholesale prices.Īt present, the government guarantee stands at £2,500 a year (for typical households). Ofgem, the energy regulator, has announced that its price cap for the three months from April to June will be £3,280 a year for a dual fuel household paying by direct debit based on typical consumption. Contact if you have stories on this topicĢ7 February: Govt Urged To Ditch Hike As Cap Heads To £2,112 In July Latest news on the UK energy market, including details of the Ofgem price cap, tariff rate increases, company information and regulatory developments. Energy Update: Ofgem Cuts April Price Cap But Bills Still Set To Rise While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles.
This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers.
#National grid electric for free#
To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective.
0 kommentar(er)
