It marks the highest average bill since July 2023

Regulator Ofgem will on Wednesday reveal the level of the annual energy price cap for the three months from October to December.

Analysts are expecting household bills to increase after the Middle East conflict affected wholesale prices.

It marks the highest average bill since July 2023

The price cap rise will push bills to their highest since July 2023

The price cap taking effect from October 1 will rise by 4% for a typical household using gas and electricity.

Ofgem announced that the energy price cap will rise by 4 per cent from October 1