Energy bills will rise by £209 a year to £1,850 from July, forecaster says

Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costsEnergy bills for households in Great Britain could increase by more than £200 a year to almost £1,900 from this summer in “a kick in the teeth” for millions struggling with the cost of living crisis.A typical gas and electricity bill is forecast to rise to the equivalent of £1,850 a year from July under the industry regulator Ofgem’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight. Continue reading...