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Who wins as energy bills soar? Oil and gas companies

By Jack Marley, Environment + Energy Editor, UK edition
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Your annual energy bill could rise by another £800 in October according to UK electricity and gas market regulator Ofgem, which is set to lift the cap on energy prices (the maximum that energy suppliers can charge customers on a default tariff) in the autumn. The cap was already raised by £693 last month, bringing the average annual bill to £1,971. October’s hike could see household energy bills reach £2,800 for the year.


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