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Energy bills likely to rise by £800 in October, says Ofgem chief

Jonathan Brearley tells MPs price cap due to rise to about £2,800, blaming soaring cost of wholesale gas and electricty

Ofgem is on course to raise the cap on household energy bills to about £2,800 in October, the regulator’s chief executive, Jonathan Brearley, has told MPs.

The shock increase in the cap would push up the average bill by more than £800, after the regulator increased it by £693 in April to £1,971.

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