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Millions of families face soaring energy bills after a third ‘Big Six’ firm in a week announced price rises.
It follows watchdog Ofgem’s decision to increase its energy price cap by an average £117 last Thursday.
Npower - Yesterday - Prices - Cent - Gas
Npower said yesterday it is raising prices by 10 per cent for around one million gas and electricity customers on its standard variable tariff from April 1.
They will now pay an average £1,254 a year – an extra £117. Eon and EDF Energy had earlier announced they would also hike standard plans to £1,254 from the same date.
Cap - Total - Npower - Eon - EDF
It is the maximum they can charge under the new cap. A total of 4.1million Npower, Eon and EDF customers are set to be affected. Ofgem originally set the cap at £1,137 on January 1. It was supposed to protect 11million loyal customers on standard variable tariffs from being ripped off. Households were promised annual savings of £76 at the time.
But just over a month later Ofgem revealed the cap would rise by £117 to £1,254 on April 1 – wiping out any...
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