THE UK has wiped its brow with relief that the energy price cap is keeping bill increases at an affordable level.
As energy costs increase by 80 per cent to an average of £3,549, Britons struggling to pay bills are thanking regulator Ofgem for the price cap which has done so much good.
Steve Malley of Mansfield said: “I never used to think about the energy price cap much, but now it’s turned out to be the saviour of us all.
“Just think what could have happened without it. Energy suppliers could have cranked prices up to unsustainable levels. Families could be choosing between heating or eating. We could be facing riots in the streets.
“But, thanks to Ofgem and their price cap, which they’re now allowed to raise every three months rather than six and which appears to go up by as much as energy suppliers want, none of that’s going to be happening.
“Like children in a rainstorm we’re sheltered snugly under the price cap, safe from harm, until April’s price rise takes energy up to £6,616. Where would we be without it?”