Energy price cap: How much will it rise by and why is it increasing? Plus how to get the best deals

manchestereveningnews.co.uk:

Get the day's biggest stories sent direct to your inbox so you never miss a thing If you are on a standard tariff or prepayment meter, we’re afraid your energy bill will be increasing in October.

For those that don’t know, the energy price cap is the maximum price suppliers can charge customers on a standard or default tariff.

If you don’t sign up to a fixed rate tariff when you join a supplier, this is the deal you’ll get. You can also end up on a standard tariff if your fixed rate ends and you don’t switch to a new deal in time.

The energy cap also limits the amount your supplier can charge you. Here is everything you need to know about the upcoming change.