Households will pay £221 more on bills a year because of the Iran war

3 days ago 7

Rommie Analytics

Close up of a senior woman at home looking at an energy bill during the cost of living crisis.
Households will have to dish out more on bills over the coming months after the upcoming energy price cap change kicks in (Picture: Getty Images)

UK households face having to spend more on bills this summer when the energy price cap goes up by 13%.

People face a tough winter with costlier energy bills on the way, driven by the impact of the Iran war hampering the fuel markets.

Now Ofgem, Britain’s energy watchdog, has announced the price cap will rise by 13% from July.

For consumers, this will mean a rise of around £18 a month for an average household using electricity and gas.

Here is a roundup of what the energy price cap change means. ...

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