Average South Holland household could spend more than £3,500 per year on energy from October
The average household in South Holland could spend more than £3,500 per year on their energy bill when the new price cap comes into effect in October, analysis suggests.
Ofgem, the UK's energy regulator, announced last week that it will increase the energy price cap from October 1.
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Hide AdIt means the maximum price a supplier can charge for electricity will rise on average from 28p per kilowatt-hour (kWh) to 52p per kWh, while gas will increase from 7p to 15p per kWh.
Including standing charges, it means the average household's energy costs on a variable tariff in the UK will increase by 80% – from £1,971 to £3,549 per year.
Energy charity National Energy Action said millions now face a "big freeze" and urged the Government to act immediately to provide greater support ahead of the winter.
Energy usage varies throughout the UK – we've studied local figures to work out how much an average household might pay in your area.
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