energy price cap

The default price cap will reduce from £1,254 to £1,179 from 1st October until March 2020

The Big Six supplier said the ‘voluntary enhanced redundancy opportunities’ cover both its customer service and smart meter installation teams

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