Cornwall Insight has released its final predictions for October’s Default Tariff Cap showing that a typical household will be paying £3,554 equivalent per year for their energy bills.
The price cap could pass £4,200 come January following a number of changes made by the regulator Ofgem, according to analysis from Investec’s Martin Young.
Charities have called on the government to cut energy bills for the most vulnerable households, as they warn 8.5 million UK households face fuel poverty.
Engenie is aiming to install 1,500 electric vehicle chargers nationwide able to charge up to 150kW having secured investment from international banking group Investec last month.