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Can ‘social tariffs’ solve the UK’s looming fuel poverty cataclysm?

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As thoughts turn to the colder months ahead, households already grappling with the cost of living crisis have been warned to brace themselves for punishing energy bills.The price cap – set by energy regulator Ofgem – has already jumped by £693 this year, rising to £1,971 for the average dual fuel tariff from April.

But things are about to get a lot worse.According to some estimates, the next cap – to be announced in August and implemented from October – could be set at about £3,500.

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