Ofgem today confirmed the energy price cap will rise by 2.03% from October 1, taking the average annual bill to £1,755 Ofgem has today confirmed a 2.03% increase in the energy price cap from 1 October (Image: ArtMarie via Getty Images)

Households are being encouraged to secure fixed-rate energy deals immediately to evade another surge in bills this winter. Ofgem has today confirmed a 2.03% increase in the energy price cap from 1 October, pushing the average annual bill up to £1,755. ‌

This signifies a year-on-year rise of 2.21%, resulting in costs that are £713 per annum higher than in winter 2020/21, prior to the energy crisis sparked by Russia's invasion of Ukraine . Richard Neudegg, director of regulation at Uswitch.com, said: "Today's increase confirms that househol

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