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  • 10 hours ago
Tim Jarvis from Ofgem says that the energy price cap will rise by 0.2% from January, meaning those on variable tariffs might pay around 28p per month extra for energy bills. Report by Keechl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Transcript
00:00So what we're announcing today is an uprating of the price cap from January.
00:03It's an increase of around 0.2%.
00:06So this is on year-on-year compared with the same period last year
00:10is a 2% reduction in real terms.
00:13What it will mean for consumers, I mean, for those customers
00:15who aren't on fixed-rate deals and whose suppliers pass this on
00:18into their default tariffs, it will mean a change
00:21of roughly around 28 pence per month for the three months of the quarter.
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