Five million vulnerable homes face £47 energy price rise

Ofgem is increasing the safeguard tariff, following a rise in global oil prices, from 1st October 2018

Five million households face energy price rise

Around five million vulnerable households will see a £58 increase a year on their energy bills from April. Ofgem said the level of its safeguard tariff – which stops suppliers from charging customers too much – will increase from £1,031 to £1,089 for dual fuel customers on average. That’s mainly due to higher wholesale energy […]