i think ithink so, i think so, remember the price cap is set by the regulator ofjen, the maximum suppliers can charge per unit of energy so built for the average household are currently capped atjust under £2000 per get but these energy consultants now predict the cap could keep rising and reach a high of £6,000 by next april before starting to slowly forward set by the regulator 0fgem. this is speculative based on the daily wholesale gas price which is volatile, could go up and down, and april is quite a long while off. this afternoon 0fgem said they never speculate on longer term forecast, their focus is on the current energy price cap, reviewed every three months. the next one is due to be published on friday, i m afraid it could go up to £3500 per yearfor the average bill, kicking in in october, but i think the prediction
to the latest forecast from energy consultants, cornwall insight. the figure is £650 more than previously estimated. the group says that s because of 0fgem s decision to change the price cap every three months instead of every six, and higher wholesale prices. the warning comes as the government rejects calls for further help with bills until a new prime minister is in place. here s our business correspondent theo leggett. the cost of lighting, cooking food, hot water and heating our homes has already risen dramatically over the past year and it s expected to go even higher. the war in ukraine has been a majorfactor, restricting gas supplies from russia to europe and pushing up the cost of energy on international markets. the prices suppliers can charge households in england, scotland and wales are capped by the regulator 0fgem to protect consumers. but the regulator has to balance keeping bills under control with preventing energy firms
good afternoon and welcome to bbc news. annual energy bills could hit £4,200 in the new year for a typical household in england, scotland and wales, according to the latest forecast from energy consultants, cornwall insight. the figure is £650 more than previously estimated. the group says that s because of 0fgem s decision to change the price cap every three months instead of every six, and higher wholesale prices. the warning comes as the government rejects calls for further help with bills until a new prime minister is in place. here s our business correspondent theo leggett. the cost of lighting, cooking food, hot water and heating our homes has already risen dramatically over the past year and it s expected to go even higher.
LAHINCH Leisure Centre was spending up to €120,000 just to heat its swimming pool a few years ago. Now, as part of a major €6 million retrofit the complex has been transformed into a Near Zero Energy Building (NZEB).