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A month ago, the energy price cap, the default tariff that you move - onto when your fix ends or if you ve never switched, was at £1,138 - per year for someone with typical bills. - now that price cap is {1.277 peryear, up 12%, 13%, - for people on prepay. but here s the real shocker. this is all on the back of wholesale 965 prices going up. which of course remember feed into electricity prices too, - because so much of the uk s. electricity is generated by gas. the price cap was £1,138 per year on typical bills, j it s now £1,277 per year. from the 1st of april next year, that price cap is based - on the wholesale ratesl from august to january. so we are in that assessment period and the current estimate is, - on the 1st of april, the price cap will rise to £1,660, a 30% rise in the price cap. ....