Energy prices forecast to rise by 9% in October

Quick Summary:

A forecaster says bills will rise in the run-up to winter while experts say few cheap fixed deals exist.

The forecaster, which is widely regarded for its accurate predictions, said a household using a typical amount of gas and electricity would pay £1,714 a year from October.

With prices set to rise, some billpayers might look at the options available to fix their energy tariff.

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Article Details

Category: Business

Markets: United KingdomIrelandUkraine

Topics: Bill Prices Insight Energy Price Rise Cornwall Electricity Ofgem Higher

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 06:36:49 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 599 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22134013

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 3 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #43

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