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.


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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