Home » Millions of homes will see electricity bills rise additional than £100 later on this 12 months

Millions of homes will see electricity bills rise additional than £100 later on this 12 months

Millions of households will see energy bills rise more than £100 later this year

In October, experts forecast that thousands and thousands of homes will see their electricity bills rise by extra than £100 as a new cost cap will come into effect.

In accordance to data from energy analysts Cornwall Perception, the new rate cap is predicted to be about £1,250. This signifies a family on a typical duel fuel electrical power tariff will see their electrical power bills increase by 9.8%. This will be the next time this yr that these clients will be asked to pay out a lot more for their vitality. Again on April 1, the average bill for close to 11 million homes jumped by £96 a calendar year when the present price tag cap came into outcome.