As the energy price cap is set to surge by up to 6% in April, affecting 26 million households, experts are urging consumers to switch energy tariffs or face soaring bills.
New predictions reveal that the average household could see their annual bill rise by approximately £109 to £1,847, with a further £35 increase expected in July.
The energy price cap, which limits the maximum amount suppliers can charge for standard variable tariffs, has been pushed higher by a sharp increase in wholesale electricity prices.
This hike, driven by high winter demand and global instability, has left many households vulnerable to significant price increases in the coming months.
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