The energy price cap is increasing from October 1, with customers in the UK facing hikes
Customers of British Gas, OVO, EDF, EON, Octopus and other providers are being warned to brace themselves for an extra £144 charge from next week - equating to an additional £12 a month. This comes as the energy price cap is set to rise from October 1, leading to price hikes for customers of UK energy companies.
This change was announced by Ofgem in a quarterly review on 23 August. The regulator's price cap only applies to individuals in England, Scotland and Wales who are on standard variable or default tariffs. The actual annual cost per customer will vary based on individual energy usage, reports Birmingham Live. If your gas and electricity consumption exceeds what £1,717 can cover, you will be charged more.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Customers of British Gas, Octopus, Ovo and EDF given £75 overcharging warningPrice comparison website uSwitch warned that a failure to do so could see millions of people charged the new higher tariff for both October and part or all of September, so leaving them out of pocket
Read more »
British Gas, EDF, EON, Octopus and OVO customers given 28-day bill warningHouseholds will be hit by yet another increase
Read more »
British Gas, Eon, EDF, OVO and Octopus customers urged to check bank statementsEnergy companies are slashing bills this winter for low-income households
Read more »
British Gas, Octopus and E.on customers could get free boiler upgradeEnergy providers that are part of the government's Energy Company Obligation (ECO) scheme could help make your home for energy efficient for free
Read more »
British Gas, E.ON and Octopus customers could get £475 in energy bill payments this winterCustomers of major UK energy providers could be getting DWP payments to help with rising energy bills - if they are eligible
Read more »
Ovo and Octopus will help pay energy bills amid Winter Fuel Payment changesIt comes as the energy price cap is due to rise next month
Read more »