00:00But what we're announcing today is a 10% increase in the price cap.
00:03That's the regulated price that we lay out that says that's the maximum a company can charge
00:08if you're not in the wider market, if you're not on, for example, a fixed deal.
00:11Now, the reason we're making that change is those price increases are driven by the
00:16increase in cost in the international gas that we buy.
00:19And as an energy system, we spend a great deal of our, sort of, proportion of our bill
00:23on gas to provide our electricity and our heating.
00:26And until that changes, we will be in a similar position.
