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READ MOREEnergy bills could spike to nearly £3,000 per year in the depths of winter, when energy demand will be at its highest, warned Cornwall Insight.
The energy specialist has hiked its price cap forecasts, estimating a default tariff of £2,879 per year for the average consumer in October, and £2,907 in January if Ofgem’s plans for a quarterly mechanism are finalised.
Read more at City A.M.