How will the higher energy price cap impact your bills?

The price cap has increased by 4% as of today (Picture: AFP)

A 4% hike to Ofgem’s energy price cap takes effect today, with warnings that household bills could soar by almost another £300 from January.

Campaigners have urged the Government to make plans now to support all households with energy costs this winter because of the severity of forecast bill hikes.

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