BBCNEWS BBC News at One June 4, 2024 12:25:00
23 million households are governed by this price cap from ofgem, and it is set every six months at the moment. that means that at the moment. that means that at the moment we are typically paying around £2000 per yearfor our moment we are typically paying around £2000 per year for our gas and electricity. industry forecasts suggest that will go up to £2600 in october. what ofgem are proposing is that the price cap after that will be set injanuary, and then for every three months thereafter. it proposes that as a result, it will protect suppliers, and remember we all pick up the tab if as a ...