Energy bills forecast to hit over £4,200 a year

Energy bills for a typical household could hit £4,266 next year, consultancy Cornwall Insight has warned.

by | 9 Aug, 2022

The higher estimate means the average household would be paying £355 a month, instead of £164 a month currently.

Cornwall cited regulator Ofgem’s decision to change the price cap every three months instead of six and higher wholesale prices for its high forecast.

But Ofgem said no forecast for next year could be “robust” at this stage and had “limited value”.

Read more at BBC News

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