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February 4: Energy price cap set

The new energy price cap will be the most anticipated in its short history, as bills have soared in recent months due to worldwide gas supply shortages.

The price cap is likely to rise significantly, with an increase of up to £600 predicted by some experts.

Energy sector specialist Cornwall Insights has said that energy bills could rise from an average of £1,277 per year to an incredible £1,865, which will bring many more households unaffordable heating costs.

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