Average dual fuel customer will pay £139 extra a year as Ofgem allows suppliers to charge more
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Millions of households in Great Britain are facing higher bills for gas and electricity from Friday, after a 12% increase in the cap on prices energy providers can charge for variable rate tariffs.
The regulator, Ofgem, announced in the summer that the cap would go up after a steep rise in wholesale gas prices. Providers are allowed to charge less, but customers who are not on fixed-price deals are expected to be hit with the full increase.