Price cap forecast increased AGAIN with energy bills now expected to hit £5,300

HOUSEHOLDS have been warned that energy bills could top £5,000 next year, according to experts.

The cost of an average family’s annual energy bill could reach almost £5,300 from April if current sky-high wholesale gas and electricity prices do not come down soon.

The increase will add hundreds to people's bills this winter.

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The increase will add hundreds to people’s bills this winter.Credit: Getty

In a new forecast, models designed by experts at energy consultancy Auxilione predicted the price cap on energy bills could reach £3,628 in October, up from £1,971 today.

It could then rise again to £4,538 in January and peak at £5,277 in April.

This is the worst forecast yet for the millions of households facing crippling bills this winter.

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