Energy bills likely to rise by £800 in October, says Ofgem chief
by Phillip Inman from World news | The Guardian on (#5ZJYZ)
Jonathan Brearley tells MPs price cap due to rise to about 2,800, blaming soaring cost of wholesale gas and electricity
Ofgem is on course to raise the cap on household energy bills to about 2,800 in October, the regulator's chief executive, Jonathan Brearley, has told MPs.
The increase in the cap would push up the average annual bill by more than 800, after the regulator increased it by 693 in April to 1,971.
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