A new Energy Price Cap calculator will help consumers facing increasing energy costs this winter after the regulator raised its price cap from today.
The tool will allow householders to more effctively budget now Ofgem’s price cap has risen by £149 from the previous £1,568 a year for a typical household in England, Scotland, and Wales to £1,717.
The energy price cap sets a maximum price that energy suppliers can charge consumers in England, Scotland and Wales for each kilowatt hour (kWh) of energy they use.
The figures provided by Ofgem indicate what a household using gas and electricity, and paying by direct debit, can expect to pay if their energy consumption is typical.
Related News