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Rising backlash prompts October increase in energy price cap, with winter fuel payment cuts.

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August 23, 2024
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Energy price cap to increase to £1,717 in October, confirms regulator The energy price cap will rise to an average annual £1,717 from October, the industry regulator Ofgem has confirmed. This represents a 10% increase from the current level and will result in an additional £12 per month for households using direct debit to pay for their gas and electricity. According to Ofgem, the rise is mainly…

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