Energy bills 'will climb to £2,000' – here's how the price cap works

  • 📰 The Telegraph
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

🔴Energy firms could be allowed to charge households hundreds of pounds more next year with experts predicting bills to rise to more than £2,000

Energy firms could be allowed to charge households hundreds of pounds more next year with experts predicting bills to rise to more than £2,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 41. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Social care could be drastically cut as councils face £2.8bn funding shortfallOnly council tax hikes of up to 7.99 per cent each year until 2025 would save services from axe, say leaders
Source: The Independent - 🏆 80. / 59 Read more »

Now THAT's why we left! Brexit Britain eyes another bumper trade coup – £2.6tn deal nearsBRITAIN is closing in on another Brexit win after the International Trade Secretary confirmed the UK is in talks over the possibility of a trade deal with the Gulf Co-operation Council (GCC), an economic union of Arab nations valued at more than £2.6trillion. In the meantime, the rest of the nation finds no fuel at the stations, no food in the supermarkets, school dinners running out of supplies, prices rocketing, taxes & NI hiked & benefits slashed. BrexitReality
Source: Daily Express - 🏆 26. / 68 Read more »

Brits' annual energy bills could soar past £2,000 for first time, experts warnEnergy analysts have suggested the current energy cap of £1,277 would rise by as much as £800 amid an escalating crisis that threatens to heap further financial pressure on UK families
Source: The Mirror - 🏆 136. / 51 Read more »

Energy price cap rethink sparks fears of higher bills🔴 Ofgem has opened the door to a major relaxation of energy price cap rules that could help prevent a wave of company bankruptcies but also remove protection for consumers from sudden bill hikes
Source: The Telegraph - 🏆 41. / 63 Read more »

Energy price cap: Why are fuel bills rising and can I get a fixed deal?Energy bills are rising, but experts say usual ways of saving money - like switching supplier - are currently not worthwhile I was brought up through miners strike. Always careful with electric. No tumble dryer. Wash full loads. Use brush and pan most of time. Got eco combi boiler and insulation. Heating on only a few hours morning and night except in minus weather.
Source: BBCNews - 🏆 3. / 97 Read more »

'Families paying price for Tory incompetence as energy bills soar'The Tory government has failed to plan ahead and now there will be more families struggling with the cost of living - it is disgraceful that Boris Johnson had nothing to say on the subject in his conference speech disgusting 😖
Source: The Mirror - 🏆 136. / 51 Read more »