MoneySavingExpertEnergy bill hikes hit millions as price cap rises by an average £139/yr – but there are no cheaper deals to switch to right now

Around 11 million households stuck on standard tariffs will see energy bills jump by a typical £139/year as the new price cap kicks in today. But due to the extreme situation in the energy market, with wholesale prices at record highs, there are now no deals cheaper than the new price cap.