Surge in commodity prices to almost 13-year highs expected to push standard gas and electricity bill to average of £1,250
Millions of homes face a winter energy bill hike of more than £110 a year due to a surge in commodity market prices to almost 13-year highs, according to industry experts.
A standard gas and electricity bill is expected to climb to an average of £1,250 a year this winter after a “massive price hike” as global energy markets soar to prices not seen since 2008.