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Energy costs likely to rise under Ofgem's new price cap

Source: BBC

Kevin PeacheyCost of living correspondentGetty ImagesEnergy regulator Ofgem is to publish its latest price cap, with households expected to face another increase in gas and electricity costs in April.The cap, which puts a limit on the amount suppliers can charge for each unit of energy, affects the bills of 26 million homes in England, Wales and Scotland.Analysts have forecast a 5% increase in prices, owing to a…

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