Energy price cap LIVE – How YOUR bills will rise as Ofgem makes announcement

ENERGY bill are to soar by a whopping £693 a year for millions of Brits after a new price cap was confirmed today.Ofgem this morning announced that the price cap will be raised by 54% – a figure even higher than many analysts predicted.
The new energy price cap comes into effect on April 1 and will take the average household bill to £1,971 a year.
The average household bill already climbed to £1,277 in October, meaning today’s changes will only compound the misery for millions of families.
Meanwhile, prepayment customers will see an increase of £708 from £1,309 to £2,017.
Jonathan Brearley, chief executive of energy regulator Ofgem, said: “We know …