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Energy Bills Surge Ahead of Winter | Leeds News
Energy bills just hit a three-year high with a 4% price cap hike, adding $60 annually—or $5 monthly—to the average household tab. Analysts warn of another 9% jump in January, especially as colder weather ramps up demand. The new cap, effective since October, is now 17% higher than April’s rate—and only impacts those on standard variable tariffs. If you’re locked into a fixed rate with providers like British Gas or Octopus, you’re shielded for now. But if you’re on the default plan, brace for rising costs. The Prime Minister admits the strain and has rolled out VAT relief on electricity bills…
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