Energy price cap to hit £3,702 in April — how much more will I pay?
. It is affected by the wholesale price of energy, which has been rising because of supply issues, made worse by sanctions on Russia. The cap is the unit rate you pay for gas and electricity. It also affects the standing charges you pay too, which is a daily fee you pay your energy supplier regardless of whether you use energy or not. Check the table in this section to find out the current maximum rates and fees. What is the current energy price cap? The energy price cap had been set to increase by a staggering 80% in October 2022. That was until the government stepped in by freezing energy prices. With the freeze in place until April, the average annual bill for customers on a standard variable rate is £208 a month (or £2,500 a year). Find out about the energy price freeze. The table below outlines the maximum rates and fees you can be charged. GasElectricityUnit rate10.30p per kWh34.00p per k){kind=link}
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