Ofgem says household energy bills to rise to nearly $5,200 a year
- Country:
- United Kingdom
British energy regulator Ofgem said its price cap for average household energy bills would rise to 4,279 pounds ($5,170.74) a year from January to the end of March 2023.
Households, however, will not pay this amount as Ofgem's price cap has been superseded by a government backed price guarantee set at 2,500 pounds a year for average consumption until the end of March 2023. ($1 = 0.8275 pounds)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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