The Ofgem energy price cap is already confirmed to be rising to £1,738 a year from January - but now, experts at Cornwall Insight say they expect it to increase again to £1,762 from April

The UK's energy price cap is set to rise for the third time in six months in a move that will add to the cost of living for millions of British households

Households are facing a further increase in their energy bills from April as a “perfect storm” of stealth charges and geopolitical uncertainty pushes up costs, analysts have warned.

Rising wholesale gas prices and network charges could push UK household energy bills to £1,762 under April’s price cap, piling more pressure on consumers amid volatile global markets.

The UK's energy price cap is set to rise for the third time in six months in a move that will add to the cost of living for millions of British households

For households of three or more people, including children, an award of £300 will be made. If successful, the awards will be paid directly to energy providers and applied as a credit on the recipient’s bill or pre-payment electric or gas meter.

The UK energy price cap is forecast to rise for a third consecutive time in April, the latest setback in the government’s attempt to lower bills for homes and businesses.

The energy price cap could rise another 1% in April to £1,762 a year for a typical dual fuel consumer, Cornwall Insight has said.

Experts warn when UK will see another energy bill rise - This predicted rise would mark a third consecutive hike for energy prices