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Energy price cap to rise to £2,800 in Octoberon May 24, 2022 at 11:33 am

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Industry regulator Ofgem warns households that they should expect higher energy bills.

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The boss of the UK’s energy regulator has warned that the energy price cap is expected to rise to around £2,800 in October.

Jonathan Brearley told MPs that the price cap, now at £1,971, would increase by nearly £1,000, due to continued volatility in the gas market.

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