Energy bills for 15 million households will increase by at least £139 to a record high from October due to a rise in wholesale prices, the UK's energy regulator has announced.
Watchdog Ofgem said on Friday that energy customers on default tariffs paying by direct debit will see the sharpest jump in prices since the cap was introduced, taking average bills to £1,277.
Pre-payment customers will see costs rise by £153, from £1,156 to £,1309. Ofgem said the increase has been driven by a rise of more than 50 per cent in energy costs over the last six months, with gas prices hitting a record high as inflation jumped amid the easing of pandemic restrictions.
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