Energy bills will rise by around £500 for average family from April

ENERGY bills will rise by around £500 for the average family from April – despite prices falling. Experts predict that Ofgem will today reveal a fall in their maximum price cap by around £1,0…

Torsten Bell of the Resolution Foundation think tank said: "The Ofgem price cap will confirm that the cost of the government’s energy support scheme next year will be 90 per cent lower than originally thought.

"That’s good news for the Chancellor - and in the long run British families, but in the short run households face a 20 per cent spike in their energy bills this April unless the chancellor uses his extra savings to keep everyone’s energy bills down.”

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