Taxpayers face £16bn energy price cap bill
Daily Mirror UK|November 25, 2022
Expensive bid to limit shock of cost rises
GRAHAM HISCOTT
Taxpayers face £16bn energy price cap bill

THE scheme to limit energy price hikes will set taxpayers back £16billion, experts say.

Ofgem yesterday announced its price cap will soar to an average £4,279 a year in January.

The Government's energy price guarantee means a typical household will pay £2,500 a year until April, when it hits £3,000.

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