price cap
That’s an increase of 29% compared to the same month in 2018
Good Energy, Ecotricity and Green Energy can charge consumers above the standard variable tariff rates set by Ofgem
Around four million customers will be affected from April
Around one million customers will see their bills rise by £117 a year on average
Around 1.3m customers will see prices increase by £118 a year on average
The provisional decision and consultation is expected to be published this summer
It will come into effect from 1st April 2019 for standard variable tariff and prepayment meter customers
It will affect 11m households on default or standard variable tariffs and four million prepayment meter customers
There are 66 energy deals remaining on the market that cost more than the price cap. That’s the claim made by auto-switching service Look After My Bills, which has published new research suggesting the most expensive, a fixed offering from supplier Ebico at £1,312.29, is £175 more costly than the limit enforced for standard variable tariffs at […]
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