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Energy Bills Up 4% This Autumn | Leeds News
Energy bills are set to rise by £60 annually starting October — that’s £5 extra per month for the average home — pushing the new price cap to £1,723/year in England, Scotland, and Wales. This 4% jump affects only those on variable tariffs (about 65% of households), while 35% on fixed deals remain unaffected. A silver lining? The government has scrapped the 5% VAT on electricity, saving most households around £45 a year — especially helpful for low-gas users. Ofgem blames Middle East tensions for soaring wholesale gas prices, which still dominate the cost drivers. Even with the VAT cut…
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