Average energy bills for most consumers could double next April, analysts have warned, after Jeremy Hunt announced a “new approach” to the existing two-year price freeze. Click here to read the full article…
The Times
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The forecasts for next year’s energy price caps have once again dropped as gas prices fell this week. Auxilione, a consultancy that updates its predictions daily, reduced its price cap forecast for April next year by £23 – the third drop in a row. Click here…
City A.M
Energy consultancy Auxilione has lowered its price cap forecast for next January by £620 to £5,012 and by more than £1,432 to £6,269 for next April. Click here to view the full article…
Evening Standard
Millions of households are facing a one-in-a-life-time squeeze on their finances, many of whom will be forced to take extreme measures to stay afloat Click here to read the full article…
Investors Chronicle
Ofgem’s cap could surpass £5,000 in January, Auxilione says after spike in gas prices Click here to read the full article…
The Independent
A fuel poverty and energy policy researcher told ELN that the UK energy bills could be slipping into “very scary territory” Click here to read the full article…
Energy Live News
Gas and electricity prices could soar by more than threefold from an already record level, according to a worrying new forecast. Click here to read the full article…
ITV
The new price cap is set to be announced by Ofgem next Friday with millions set to see a hike in their energy bills. Click here to view the full article…
iNews
Tony Jordan, senior partner at energy consultancy Auxilione, says the energy price cap is forcing energy companies to hedge their positions for the coming period, while the scale of what the government can do to address huge price rises is limited. Click here to view the…
CNBC