gas and electricity prices will go up for millions of people across the uk in october. the energy watchdog, ofgem, has confirmed its biggest increase so far to the price cap for domestic deals to cover suppliers' extra costs. on average, households in england, wales and scotland on standard tariffs will pay an extra £139 a year from october. prepayment customers will see an increase of £153, according to the regulator. the cap, which is reviewed every six months, rose by nearly £100 in april. charities such as national energy action say this latest increase couldn't have come at a worse time, but ofgem insists the changes are necessary because of the rising wholesale costs of energy. ofgem's chief executive jonathan brearley had this message for customers. we have price capping in britain,

Related Keywords

People , Price Cap , Suppliers , Notjust Gas , Couldnt Have , Deals , Energy Watchdog , British , Millions , Electricity Prices , Ofgem , Increase , Households , Customers , Costs , Wales , Tariffs , Southern Scotland , Prepayment Have , North West England , Average , 139 , 39 , Cap , Regulator , Charities , National Energy Action , 100 , 00 , 53 , Six , 153 , Jonathan Brearley , Energy , Message , Changes , Chief Executive , Price Capping ,