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What's a 'price cap'?
The energy price cap limits how much suppliers can charge for each unit of gas and electricity, and the daily standing charge. Ofgem sets it based on wholesale energy costs and other factors. It protects millions of households from sudden, excessive price hikes, though it can still rise as we're seeing now.
Stories that explain this
British households owe £6 billion in unpaid energy bills before expected cap rise Energy bills to hit three-year high from OctoberRelated explainers
Why are gas prices rising? Who sets my energy price? What are wholesale prices? How much will my bill be? Why is my bill going up? Who is Ofgem? What's EnergyUK? What's Ofgem?The full catalogue
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