i | Energy bills set to increase

Craig Lowrey shared his thoughts and predictions on the price cap. He discussed our forecasts for the price which predicts a £383, or 30 per cent, increase in the price cap to about £1,660.

Craig explained that with wholesale gas and electricity prices continuing to reach new records and successive supplier exits during September 2021 the British energy market remains on edge for fresh volatility.

It is apparent that these costs will ultimately be borne by the industry as a whole and by customers in particular

Craig Lowrey