Comments

Household energy bills are set to rise by around 1 per cent in October despite lower wholesale costs, according to new forecasts. The typical household energy bill is expected to rise by £17 to £1,737 per year when regulator Ofgem’s new price cap comes into force, experts at Cornwall Insight have predicted. ‌

Ofgem, which sets the limit on what energy companies can charge customers, is due to confirm the next price cap - from October 1 to December 31 - on August 27. While consumer group Which? is encouraging people to “shop around” for a fixed energy deal before the announcement on Wednesday, households are being urged to think carefully before making any switch. ‌

Advice Direct Scotland, which runs the national energy advice service energyadvice.scot , has issued an

See Full Page