ENERGY bills are set to rise for millions this winter, experts have predicted.
Energy consultancy Cornwall Insight said it expects the Ofgem price cap to rise by 1% from January 1.
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This would see the typical household on a dual-fuel tariff see their bills rise from £1,717 now to £1,736.
Craig Lowrey, principal consultant at Cornwall Insight, said: “Supply concerns have kept the market as volatile as earlier in the year and additional charges have remained relatively stable, so prices have stayed flat.
“While we may have seen this coming, the news that prices will not drop from the rises in the autumn will still be disappointing to many as we move into the colder months.”
