Households in Gedling borough will see their energy bills soar as the price cap is hiked to £3,549 a year, plunging many into financial hardship.
The record 80% hike in October, announced by the regulator Ofgem, will see a typical default tariff customer paying an extra £1,578.
The rise follows a 54% increase in April, which saw average bills surge to £1,971 a year.
More worryingly, it’s estimated 4.5 million pre-payment meter customers, who are often the most vulnerable and already in fuel poverty, will see their average annual bill set to go up to £3,608.
Ofgem’s chief executive Jonathan Brearley said: “We know the massive impact this price cap increase will have on households across Britain and the difficult decisions consumers will now have to make.
“I talk to customers regularly and I know that today’s news will be very worrying for many.
“The price of energy has reached record levels driven by an aggressive economic act by the Russian state. They have slowly and deliberately turned off the gas supplies to Europe causing harm to our households, businesses and wider economy. Ofgem has no choice but to reflect these cost increases in the price cap.
“The government support package is delivering help right now, but it’s clear the new prime minister will need to act further to tackle the impact of the price rises that are coming in October and next year.
“We are working with ministers, consumer groups and industry on a set of options for the incoming prime minister that will require urgent action.
“The response will need to match the scale of the crisis we have before us. With the right support in place and with regulator, government, industry and consumers working together, we can find a way through this.”
