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The Latest Breaking News from Cornwall Insight

Energy bills soar to £3,549 – and it’s not all Russia’s fault

Today, energy regulator Ofgem announced that the price cap would rise on 1 October from £1,971 to £3,549. It gets worse. Cornwall Insight, the consultancy that previously predicted today’s rise to the virtual penny, warns it’ll climb to nearly £7,000 a year by next April.

Evening Standard

Annual energy bills to top £7,000 by spring next year, forecast predicts after latest price cap announcement

The energy price cap is now being reviewed every three months instead of every six

Manchester Evening News

Energy price cap could top £7,000 next year, experts warn

The price cap for the average household is already increasing by 80% to £3,549 for the three months starting in October

Wales Online

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Experts forecast when the energy price cap might actually go down

The cap is going up 80% in October - and it could be next year before we see any fall

Wales Online

When is the next energy price cap — and how much will it rise by?

The massive rise in energy prices is putting pressure on millions of households across the UK but the October price cap rise won't be the last increase, according to experts

Daily Mirror

Energy bills could hit £6,616 next year - meaning you could pay £550 per month

Cornwall Insight is now predicting the Ofgem price cap could hit £5,386.71 in January, before rising again to £6,616.37 in April, in more bleak news for families

Daily Mirror

Everything you need to know about the energy price cap change

Analysts expect the energy price cap to soar in October as Ofgem prepares to announce the changes

Manchester Evening News

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Timeline of energy price cap as gas and electricity bills set to soar over £5,300

We explain what the energy price cap is, what it will be for the months ahead and what it will mean for bill payers

Manchester Evening News

Liz Truss ally ‘seriously considering’ plan for crisis fund to control energy bills, industry boss reveals

Scottish Power chief encouraged by meeting with Kwasi Kwarteng – tipped to be next chancellor

The Independent UK

Energy bills could rise to £3,554 from October in new forecast before official announcement due this week

Ofgem will announce the new energy price cap on Friday, August 26.

Daily Record

Energy bills to top £5,300 by April, new forecast says

Prices to keep on rising after what looks set to be a painful winter

The Independent UK

‘Difficult to see how many will cope’ this winter as energy price cap soars

The latest prediction from Cornwall Insight sees the energy price cap rising to more than £5,300 next April.

The Independent UK

Cost of living calculator: Find out how much your bills are rising in price

To help you work out how the cost of living crisis is affecting you, The Mirror has created a new calculator to break it all down - from your energy bills to your mortgage

Daily Mirror

Two simple energy tricks which could save you nearly £1,000 on bills a year

Millions of Brits are seeking new ways to save on their expenditure, before Ofgem's energy price cap rises once again in October.

Chronicle Live

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Nottingham Post

Energy bill calculator shows how much you could be paying when price cap increases

Experts say it will increase by unprecedented levels

Edinburgh Live

Why energy bills are so high as price cap expected to hit £4,200 by January

There are a numbers of reasons why energy bills are so high as energy industry analysts Cornwall Insight forecast energy prices could hit £4,200 by January after the price cap is set to rise by 81 per cent.

The Independent UK

UK households ‘face decade of higher energy bills’, experts warn

More wind and solar power will reduce costs but not for years, say energy analysts

Daily Mirror

Why your energy bills could shoot up BEFORE huge October price cap rise

Ofgem and Energy UK today warned that it was "possible" direct debits could go up - and argued the reason for this would be to balance out higher usage this winter

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Daily Mirror

Energy bill calculator: See how much your gas and electricity could rise by this winter

To help you understand how much your monthly energy bill could rise by this winter, The Mirror has created an interactive calculator which takes into account the October price cap rate

Liverpool Echo

Martin Lewis issues stark warning to anyone on State Pension amid 'catastrophic' rise

People on State Pension will spend 45% of their payment on energy bills after the increase

Manchester Evening News

Martin Lewis breaks down amount your energy bill could rise by

The Money Saving Expert appeared on BBC Radio 4 to explain the increase

Daily Record

Martin Lewis warns people on State Pension will see 45% of annual payment used to pay energy bills

Older people on the Basic State Pension will need to set aside 58% of the contributory benefit to cover heating costs.

Liverpool Echo

Martin Lewis warns exact date government must act by amid 'national crisis'

The finance guru appeared on Good Morning Britain as shock forecasts predict "catastrophic" energy bill rises

Daily Mirror

Martin Lewis' MSE issues urgent update on whether you should fix your energy bill now

MoneySavingExpert explained how someone with typical use will be paying around 96% more over the next year for their energy bills compared to now - this is roughly the figure you should take into account when deciding to fix

Liverpool Echo

ITV GMB's Martin Lewis issues urgent demand amid 'catastrophic' energy bill warning

The consumer champion appeared on Good Morning Britain and blasted the Conservative government's failure to act

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