Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Manchester Evening News
Manchester Evening News
National
Kieran Isgin

Will your gas bill rise this year?

With the price of gas soaring in recent weeks that has left some suppliers to stop production, you may be concerned about your personal cost.

The price of wholesale gas has surged by 250 per cent since the beginning of the year and added 70 per cent just since August, according to figures from Oil & Gas UK.

Depending on what kind of energy deal you're on, your personal energy charge may increase in the coming weeks and months.

Read more:

Prices were already set to rise for the 15 million households in Great Britain that are on their supplier’s default tariff because of a major hike in the energy price cap.

Regulator Ofgem had been criticised for the rise, which comes into force on October 1, however, the price cap now seems to be one of the better deals on the market thanks to the current crisis.

Many other energy customers are locked into year-long deals which will fix their price for the 12 months of the contract.

If your contract is coming to an end shortly you will probably have to change to a more expensive deal.

Ofgem has said consumers can expect an average price rise of £135 this winter.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.