The average household would be paying £355 a month, instead of £164 a month currently.
Energy bills for a typical household could hit £4,266 next year, consultancy Cornwall Insight has warned.
"We cannot stop others from making predictions, but we would ask that extreme caution is applied to any predictions for the price cap in January or beyond."will receive £400 to help with rising fuel bills this autumnBut Dr Lowrey called on the government to use the latest predictions of higher bills to review the support package.
Hannah Absalom, a PHD student in Birmingham, lives on £850 per month in a one-bed flat and has spent £80 already on thermal clothing and a heated blanket so she can avoid heating her home in winter. "When I looked at getting a new deal, the only fixed prices was pushing up to £420. We will be having to look at our outgoings," he says.
Mr Davey said the cost of the plan - which the party puts at nearly £36bn - could be funded through backdating the windfall tax on oil and gas companies' profits.Dr Lowry said that without the more frequent changes to the price cap, more energy suppliers might be in danger of collapse - though he questioned whether it should exist at all.
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