The energy price cap is expected to increase to £2,800 a year, which is almost £1,000 more than the rise in April.
Taken from
Energy price cap: Typical energy bill set to rise by £800 a year in October (BBC)The typical household energy bill is set to rise by about £800 a year in October, the energy regulator warns.
A household is in fuel poverty when it has to spend 10% or more of its disposable income on energy.
Ofgem boss Jonathan Brearley said the energy price cap, which limits how much providers can raise prices, is expected to increase to £2,800 a year, due to continued volatility in gas prices.
Mr Brearley said the price rises were a "once in a generation event not seen since the oil crisis in the 1970s".
He also said the number of people in fuel poverty may double to 12 million.
The energy price cap already rose sharply in April to £1,971, meaning that homes using a typical amount of gas and electricity are now paying an extra £700 per year on average.
It means the typical household bill could rise by £800 per year.
Disabled people are often hit particularly hard by these rises. In March 2022, just before the initial rise, iNews wrote:
The number of disabled people struggling to pay their fuel bills could more than double this year due to soaring energy costs, new research shows.
Currently, around 900,000 people with disabilities are considered to be in fuel poverty and should bills rise, this number could jump to 2.1 million, according to the charities Scope and National Energy Action.
People with disabilities often have extra energy needs, resulting in more use of power.
This includes needing more energy to keep heating on for medical reasons, or using electricity for equipment.
Over to you...
How do you feel about the news of another possible rise in the energy price cap?
Do you think disabled people are disproportionately affected by these rises? Is this something that's impacted you?
What do you think should be done?
