Households face record £2,192 energy bills from January, with the Iran war sending gas prices to a four-year high
Energy giant EDF forecasts a 27 per cent jump in Ofgem's price cap, up from £1,723 a year today. The unit price of gas is expected to reach 11.13p/kWh, beating the 10.33p record set after Russia invaded Ukraine. Wholesale gas hit €97 a megawatt-hour on Monday as European temperatures fell. April is set to bring yet another rise.
Reports of US and Israeli plans to step up attacks on Iran after the midterms sent prices spiking.
EDF warned the forecast increases this winter 'are worsening' and urged help for struggling households.
Oil and gas still supply 70 per cent of the UK's total energy consumption.
