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23 million households are governed by this price cap from ofgem, and it is set every six months at the moment. that means that at the moment. that means that at the moment we are typically paying around £2000 per yearfor our moment we are typically paying around £2000 per year for our gas and electricity. industry forecasts suggest that will go up to £2600 in october. what ofgem are proposing is that the price cap after that will be set injanuary, and then for every three months thereafter. it proposes that as a result, it will protect suppliers, and remember we all pick up the tab if as a player goes bust, and also that if the wholesale price falls, then we will see the benefit of that in lower bills quicker than we would have done otherwise. one charity is saying though that it may mean that we will see injanuary a price rise, and clearly that will come at a

Price cap23 millionIndustry forecastsSet injanuaryPrice rise