Brits set for sharp rise in energy bills in July Energy Brits are set to face a sharp hike in energy costs this summer, with household bills forecast to rise by more than £200 a year, as the conflict in the Middle East ripples into the UK market. Energy analyst Cornwall Insight predicts that the annual bill for a typical dual-fuel household will increase to £1,850, [...]
Energy price cap: Household bill spike could be lower than originally feared Energy The household energy price cap is expected to rise by a lower amount than originally feared despite price volatility caused by the Iran war, according to the latest forecasts. The cap is expected to be £196 lower according to Cornwall Insight, who confirmed its prediction for Ofgem’s cap now stands at £1,837 for a typical [...]