Households face greater than expected rise in Ofgem price cap after Europe’s gas storage levels slump, analysts sayMillions of households face a greater than expected increase to their energy bills of £85 a year from April after Europe’s gas storage levels slumped, according to analysts.The average gas and electricity bill for households across England, Scotland and Wales is expected to rise by nearly 5% from April to £1,823 a year for a typical household under the energy regulator’s price cap. Continue reading…
