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Ofgem has announced household energy bills will rise by two per cent under the price cap this Autumn. The industry regulator confirmed on Wednesday that annual energy bills for millions of households on the standard tariff - with typical average usage - will increase from £1,720 to £1,755 from October 1 - a rise of £35 over the coming year. ‌

The increase will see bills increase by around £2.93 a month for the average household, leaving a home on a default tariff paying £102 for what currently costs £100 per month. Latest figures show more than a third of customers (37%) are now on fixed tariffs, which means they are protected from the upcoming rise. ‌

Ofgem changes the price cap for households every three months by setting a maximum price energy suppliers can charge pe

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