Ofgem has raised the power value cap for October by 2%

The common annual power invoice will rise by greater than anticipated in October, Ofgem has introduced.

Major forecasters Cornwall Insight had anticipated a 1% rise to the power value cap, taking it to £1,737.

But the power regulator has elevated it even additional, taking it up by 2% to £1,755.

Read extra: https://news.sky.com/story/money-latest-consumer-personal-finance-sky-news-live-inflation-prices-energy-cap-13040934

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