Britain Faces Another Energy Shock as Bills Set to Surge 42%
British consumers will face another sharp jump in their power and gas bills just before winter, adding to surging costs of almost everything from food to petrol.
The energy price cap is likely to soar to a record £2,800 ($3,499) in October, Ofgem Chief Executive Officer Jonathan Brearley told a panel of lawmakers on Tuesday. That will send about 12 million households into fuel poverty just as heating demand starts to pick up with the cold weather setting in.
https://www.bloomberg.com/news/articles/2022-05-24/uk-regulator-expects-energy-price-cap-to-jump-42-in-october