Who sets the energy price cap? What Ofgem does and how UK energy bills are calculated ahead of announcement
![Ofgem energy price cap plans unveiled in bid to halt rip-off bills and save customers up to £120 a year - Mirror Online Ofgem energy price cap plans unveiled in bid to halt rip-off bills and save customers up to £120 a year - Mirror Online](https://i2-prod.mirror.co.uk/incoming/article13200101.ece/ALTERNATES/s615b/4_Ofgem-proposes-price-cap-to-give-11-million-customers-a-fairer-deal-for-their-energy.jpg)
Ofgem energy price cap plans unveiled in bid to halt rip-off bills and save customers up to £120 a year - Mirror Online
![Energy bills to be capped at £3,000 next year - saving households from £1,000 rise, Jeremy Hunt reveals in Autumn Budget | The Sun Energy bills to be capped at £3,000 next year - saving households from £1,000 rise, Jeremy Hunt reveals in Autumn Budget | The Sun](https://www.thesun.co.uk/wp-content/uploads/2022/11/DD-GRAPH-PRICE-CAP-ENERGY-CHANGE-v7.jpg)
Energy bills to be capped at £3,000 next year - saving households from £1,000 rise, Jeremy Hunt reveals in Autumn Budget | The Sun
![Price cap set for 46% rise for Summer 2022, Winter 2022-23 cap may exceed £2,000 Cornwall Insight Home supply and services - Price cap set for 46% rise for Summer 2022, Winter 2022-23 cap may exceed £2,000 Cornwall Insight Home supply and services -](https://www.cornwall-insight.com/wp-content/uploads/2021/12/pressreleasegraph-1024x741.png)