Energy Price Cap to Rise by 13% in July for Typical Household

A rise from £1,641 a year to £1,862. Ed Miliband has released a long statement: The rise in the price cap because of a war we did not choose is deeply unwelcome news for households across the country. We know people were under pressure before this crisis, and that’s why easing that burden is our number one priority. To help people facing higher costs, we’ve frozen fuel duty and made bus travel free for children across England in August. We’ve also taken £150 of costs off energy bills for the years ahead, on top of extending the Warm Home Discount to around 6 million families. We will continue to monitor the situation ahead of the winter and plan for all contingencies. In the immediate term it is essential to de-escalate this conflict to bring oil and gas prices down. As we face the second fossil fuel crisis of this decade, we must learn the right lessons. The way to get bills down for good and avoid these price spikes is to go further and faster with our drive for clean homegrown power that we control. That’s why we’re upgrading as many homes as possible ahead of winter with the biggest investment in warm homes in British history, and doubling down on our clean power mission to deliver energy security.