In October 2022, when Ofgem's price cap level was forecast to rise to £4,279 in January 2023, the Energy Price Guarantee was introduced to protect customers from unprecedented energy bills. It was designed to act as a "safety" price cap operating at a level of £2,500 per year (...
Households urged to submit energy readings as further price rises forecast The latest increase to energy bills comes amid warnings of plunging temperatures and forecasts of a near-3% hike to the price cap in April. By Josie Clarke, PA Consumer Affairs CorrespondentDecember 31, 2024 at 0:35pm ...