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Energy bills will rise by £209 in July to £1,850 a year, forecast says

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CitrixNews Staff
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Energy bills will rise by £209 in July to £1,850 a year, forecast says

Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costs

Energy bills for households in Great Britain could increase by more than £200 a year to almost £1,900 from this summer in “a kick in the teeth” for millions struggling with the cost of living crisis.

A typical gas and electricity bill is forecast to reach £1,850 a year from July under the industry regulator Ofgem’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight.

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Originally reported by The Guardian. Read the full story at the original source.