Households face 18 MONTHS of rising bills, energy boss warns

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Households face 18 months of rising energy bills

He said: "Our view would be the price cap should be changed at least quarterly, perhaps more frequently depending on the market conditions.

Fixed tariffs are normally less than the cap, but rising wholesale energy costs have sent prices soaring and they are now hundreds of pounds higher.better off staying on the SVR rather than switchingFor energy companies, it means that the cost of supplying energy is more than they can charge customers, causing many smaller suppliers to collapse.

 

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