Rise in power bills expected despite government cap
(The Guardian Business News)

Households likely to be paying £60 more for energy as suppliers pass on higher costsHouseholds are facing a further round of energy price rises despite the introduction of the government´s price cap, industry experts have warned.Ministers have promised to protect 11 million households on default tariffs with a cap by the end of 2018. Ofgem, the regulator, is due to publish further details of the ceiling early in September. However, new analysis by the energy consultancy Cornwall Insight expects cost pressures to drive up bills by 5%, about £60 a year, by next April. Continue reading...