Energy bills to rise by 10 per cent as regulator announces price cap for gas and electricity will soar by £149 to £1,717 a year in October<br /><br />Energy bills are set to rise by 10 per cent after regulator Ofgem announced it was increasing the price cap for gas and electricity bills. <br /><br />The regulator announced it is hiking its price cap from the current £1,568 for a typical household in England, Scotland and Wales to £1,717, adding around £12 a month to an average bill. <br /><br />However, it is around £117 cheaper than the cap in October last year, which was set at £1,834. <br /><br />The 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.<br /><br />While the cap does not limit a household's total bills, increasing it could see people going into the colder months facing higher bills than they have had since earlier in the year. <br /><br />https://www.dailymail.co.uk/news/article-13771839/Energy-bills-rise-10-cent-regulator-announces-price-cap-gas-electricity-soar-149-1-717-year-October.html
