Average household energy bills will rise to £3,549 in October following the
decision of energy regulator Ofgem to raise the price cap.
The record 80% hike will see a typical default tariff customer paying an extra
£1,578. The rise follows a 54% increase in April, which saw average bills surge
to £1,971 a year.
Ofgem Chief Executive, Jonathan Brearley, said:
'We know the massive impact this price cap increase will have on households
across Britain and the difficult decisions consumers will now have to make.
I talk to customers regularly and I know that today's news will be very
worrying for many.
'The government support package is delivering help right now, but it's clear
the new Prime Minister will need to act further to tackle the impact of the
price rises that are coming in October and next year.
'We are working with ministers, consumer groups and industry on a set of
options for the incoming Prime Minister that will require urgent
action.'