Energy price cap announcement: How much and what does it mean for you?

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Ahead of the increase, here’s what it means and what you can expect from the rise 💡

The price is based on the average wholesale gas price over the previous six months leading up to the announcement date.The price cap was introduced on January 1, 2019 by Ofgem to provide protection to customers across the UK.

Source: Energy Industry News (energyindustrynews.net)

 

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