The Latest Breaking News from Ofgem

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

The energy regulator says it can not set a lower energy price cap than the 80% increase to £3,549 it set for October 2022

Chancellor Nadhim Zahawi said earlier this week that people should continue using as much gas and electricity as they want, however he has now performed a u-turn.

In times gone by, it was considered newsworthy when the average annual energy bill hit £1,000 a year. Today, Ofgem, the energy regulator, has set the new price cap for October at a staggering £3,549.

"Not be long before I cut down the telegraph poles to make a fire to heat my house"

Regulator Ofgem announced a huge hike to the energy bill price cap from autumn

‘We should all look at our energy consumption’, says Nadhim Zahawi

There are many different ways of paying your energy bill, from direct debit to a prepayment meter – we explain the cheapest way of paying if you're worried about the price hike

Millions of households are expected to fall into fuel poverty as the energy price cap will rise by 80 per cent, pushing bills up to £3,549 on average a year - here are your rights if you choose not to pay.