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UK Energy Bills to Soar Near £3,600 as Price Cap Set to Rise

  • Regulator Ofgem will next week announce new price cap level
  • Consultancy Auxilione estimates bills will jump about 80%
A smart energy meter in a home in Walthamstow, UK.

A smart energy meter in a home in Walthamstow, UK.

Photographer: Tolga Akmen/AFP/Getty Images

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UK household energy bills are set to rise about 80% in October, when the regulator next lifts a limit on how much suppliers can charge in the wake of soaring wholesale costs.