Household electricity bills in the UK will rise by 10% this October after regulator Ofgem raises the energy price cap in response to higher wholesale electricity costs for suppliers. “We know that this rise in the price cap is going to be extremely difficult for many households,” Ofgem chief executive Jonathan Brearley said, as quoted by the Financial Times. “Anyone who is struggling to pay their bill should make sure they have access to all the benefits they are entitled to, particularly pension credit, and contact their energy…
