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Energy price cap warning as latest rise takes effect
Ofgem's 2% price cap increase will raise monthly bills by about £2.93, with charities urging vulnerable groups to seek energy support services this winter.
- On October 1, Ofgem sets the energy price cap at £1,755 per year, raising costs by about £2.93 monthly for a typical household that pays by Direct Debit.
- With temperatures falling this week, households in the UK face higher heating demand and a regulator-set price cap rise from Wednesday.
- Fuse Energy's fixed tariff offers a £234 saving against the October cap, with 26 deals below the cap, including Outfox Energy and Eon Next, ending at midnight.
- Charities say disabled households face higher costs and stress, with Scope urging disabled people to access its free Disability Energy Support service, which has helped over 35,000 households and saved 6.6 million.
- Industry forecasts suggest the energy price cap could stay steady this winter but may rise in six months; UK support measures include expanding the £150 Warm Home Discount and announcing a home upgrade programme.
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Total News Sources27
Leaning Left3Leaning Right2Center13Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
L 17%
C 72%
11%
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