Gas and electricity bills could soar to £2,000-a-year
Households in Britain could face a 56 per cent rise in their energy bills from April after unprecedented wholesale costs force regulator Ofgem to lift the price cap
Source: dailymail.co.uk
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Price cap could jump 46% as consumers take on cost of supplier exits
The price cap could jump 46% for summer 2022, hitting approximately £1,865 as wholesale power prices remain high.
Source: current-news.co.uk
Ofgem unveils stress test for suppliers after cascade of collapses
From January, energy suppliers will need to undergo financial stress testing to prove their resilience in light of the cascade of supplier collapses in recent months.
Source: current-news.co.uk
Energy boss blames Ofgem's price cap for causing 'huge price increases'
Fuel poverty charity National Energy Action today said that the average household gas bill could increase by £467 from £466 a year in October last year to £944 in April next year.
Source: dailymail.co.uk
Zog Energy becomes 25th power company to go bust amid soaring wholesale gas prices
Regulator Ofgem confirmed it would step in to help the Ipswich-based firm's customers 11,700 customers to find a new energy provider after the company collapsed earlier today
Source: dailymail.co.uk