The energy price cap could rise above £6,000 a year for the average household by next April, according to a grim new forecast.
Consultancy Auxilione made the prediction based on Friday’s gas price amid continuing volatility in the market.
The cap for the maximum price households can pay for gas and electricity, set by regulator Ofgem, is currently at £1,971.
But experts believe it could more than triple over the next eight months.
They said that the cap is expected to reach £3,576 in October, rising to £4,799 in January, and finally hitting £6,089 in April.
Energy cap could rise above £6,000 from April, according to latest grim prediction
Consultancy Auxilione made the prediction based on Friday’s gas price amid continuing volatility in the market.
The cap for the maximum price households can pay for gas and electricity, set by regulator Ofgem, is currently at £1,971.
But experts believe it could more than triple over the next eight months.
They said that the cap is expected to reach £3,576 in October, rising to £4,799 in January, and finally hitting £6,089 in April.
Energy cap could rise above £6,000 from April, according to latest grim prediction
Last edited:
