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UK electricity prices to hit record highs from October
Energy
- 26 August, 2022
- 07:07
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The Office of Gas and Electricity Markets (Ofgem) has estimated that the cost of electricity in the UK will increase by almost 80% from October 1, reaching a record $4,200, Report informs referring to the website of the regulator.
As a result, the size of the average bill for British households will increase by more than $1,860 per year compared to the current level.
According to experts, the rise in prices will not stop: by April 2023, they can reach $7,700 per year.
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