Institute for Fiscal Studies on X: "NEW: Ofgem announced this morning that the tariff cap from April 2023 will fall to an annual level of £3,280 for a typical household. This will
![Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem](https://www.ofgem.gov.uk/sites/default/files/styles/uncropped_tiny/public/2021-08/OFG2110-Ofgem-Energy-Price-Cap-Graph.jpg?itok=b8RVP69W)
Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem
![Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem](https://www.ofgem.gov.uk/sites/default/files/styles/uncropped_tiny/public/2021-08/Wholesale%20Price%20cap%20electricity%20Aug21.jpg?itok=t5m4HnhI)
Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem
![Ofgem energy price cap plans unveiled in bid to halt rip-off bills and save customers up to £120 a year - Mirror Online Ofgem energy price cap plans unveiled in bid to halt rip-off bills and save customers up to £120 a year - Mirror Online](https://i2-prod.mirror.co.uk/incoming/article13200101.ece/ALTERNATES/n310p/4_Ofgem-proposes-price-cap-to-give-11-million-customers-a-fairer-deal-for-their-energy.jpg)