Energy bills could rise by almost £100
ENERGY bills could go up by almost £100 for 15 million UK households after Ofgem said suppliers could pass on the cost of rising gas and electricity prices to customers.
The regulator said that its price cap for Britain’s 11 million households that are on their supplier’s default tariff could rise by £96 to £1,138 from April 1.
A further four million households with pre-payment meters could see their bills jump by £87 to £1,156.
“Energy bill increases are never welcome, especially as many households are struggling with the impact of the pandemic. We have carefully scrutinised these changes to ensure that customers only pay a fair price for their energy,” said Ofgem chief executive Jonathan Brearley.
Ofgem reviews and changes the price cap once every six months.