The energy price cap expectation has increased by almost 7% over last month’s estimates for the July to September and October to December quarters.
As a result, the average user’s summer quarter projection rises from £1,465 to £1,559 annually, according to news.
The estimate for October through December has increased to £1,631 from £1,524.
January of the following year is anticipated to see a slight increase, raising the cap to £1,634 for the average customer.
The changes are attributed to the wholesale energy prices, which have somewhat increased since hitting a 30-month low early this year.
