![Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem](https://www.ofgem.gov.uk/sites/default/files/styles/uncropped_tiny/public/2021-08/Wholesale%20Price%20cap%20electricity%20Aug21.jpg?itok=t5m4HnhI)
Record gas prices drive up price cap by £139 – customers encouraged to contact supplier for support and switch to better deal if possible | Ofgem
![Price cap forecasts for January rise to over £4,200 as wholesale prices surge again and Ofgem revises cap methodology - Cornwall Insight Price cap forecasts for January rise to over £4,200 as wholesale prices surge again and Ofgem revises cap methodology - Cornwall Insight](https://www.cornwall-insight.com/wp-content/uploads/2022/08/Price-cap-new-methodology.png)
Price cap forecasts for January rise to over £4,200 as wholesale prices surge again and Ofgem revises cap methodology - Cornwall Insight
![Government announces Energy Price Guarantee for families and businesses while urgently taking action to reform broken energy market - GOV.UK Government announces Energy Price Guarantee for families and businesses while urgently taking action to reform broken energy market - GOV.UK](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/image_data/file/161312/s960_energy_price_guarantee.png)
Government announces Energy Price Guarantee for families and businesses while urgently taking action to reform broken energy market - GOV.UK
![Lee Healey on X: "WHAT IS THE ENERGY PRICE CAP? The energy price cap is a backstop protection from the government for people who default onto their supplier's basic energy tariff. @ofgem Lee Healey on X: "WHAT IS THE ENERGY PRICE CAP? The energy price cap is a backstop protection from the government for people who default onto their supplier's basic energy tariff. @ofgem](https://pbs.twimg.com/media/FcMPrXLX0AA94ae.jpg:large)