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Published 12:55 6 Aug 2021 BST
Ofgem chief executive Jonathan Brearley told the BBC: "The reason the price cap is going up is there has been a record increase in energy prices across the board, not just in gas and electricity but in petrol and diesel."
He urged customers to shop around for the best deals, with savings of up to £200 available. "You don't have to live with this tariff. The price cap is a backstop. We'd encourage any customer, particularly those struggling to pay their bills, to contact their supplier, and get access to a wide-range of help and support," he said. https://twitter.com/ClaudiaWebbe/status/1423547134998155268 Ofgem said the increase is down to rising wholesale costs, adding that the price cap in place would mean that households would save between £75-£100 a year. The price cap, set twice a year by the regulator, affects 11 million households in England, Wales and Scotland who have never switched suppliers or whose discounted deals have expired. Related links: Phillip Schofield offers to pay huge energy bill for pensioner Halogen lightbulb sales to be banned in the UK British Gas engineers told to accept 15 per cent pay cut or be firedNews

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