Jump to contentAllNewsSportCultureLifestyleEnergy regulator Ofgem has raised its price cap by four per cent, bringing the average annual household energy bill to £1,723. The £60 annual increase equates to an extra £5 per month for typical households using both gas and electricity. Money saving expert Martin Lewis clarified on Good Morning Britain that the price cap increase only applies to standard variable tariffs. Consumers currently on fixed energy deals will not be affected by the price cap rise until their existing contracts end. The price cap increase comes as households face heightened financial pressure from energy bills ahead of the winter season. In fullOfgem price cap rise: Martin Lewis reveals who will be hit by higher energy billsMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Martin Lewis issues vital Ofgem price cap advice for UK household energy bills
Jump to contentAllNewsSportCultureLifestyleEnergy regulator Ofgem has raised its price cap by four per cent, bringing the average annual household energy bill to £1,723. The £60 annual increase equates to an extra £5 per month for typical households using both gas and electricity. Money saving expert Martin Lewis clarified on Good Morning Britain that the price cap increase only applies to standard variable tariffs. Consumers currently on fixed energy deals will not be affected by the price cap rise until their existing contracts end. The price cap increase comes as households face heightened financial pressure from energy bills ahead of the winter season. In fullOfgem price cap rise: Martin Lewis reveals who will be hit by higher energy billsMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
