energy price cap

As another supplier raises to the price cap, is it really going to offer consumers better deals?

More than 154,000 customers will see their tariffs rise to £1,254 a year, in line with Ofgem’s energy price cap

The total annual dual fuel bill will average at around £1,192 for under 10,000 customers

It is the last Big Six energy company to announce the hike in bills following Ofgem’s price cap increase

It is the fifth energy supplier to announce a hike in tariffs after Ofgem’s energy price cap increase

Around 1.8m customers will see an increase of £117 on their energy bills

Here’s a quick timeline that takes you through it

Ofgem has confirmed the final level of the cap at £1,137 per year for a typical dual fuel customer

It has passed through Parliament and is expected to protect millions of consumers from increases in tariffs

Big Six energy supplier SSE is reportedly mulling an exit from the domestic market as the government sets its plans for the price cap. Reports claim the energy company is discussing plans to sell its customer accounts or spin off the business as a separate listed firm to focus on networks and renewable energy and […]