Inflation fell to its lowest level for more than a year in October, plunging to 2.2 per cent, official figures showed on Tuesday.
EDF Energy is the latest firm to announce a gas and electricity price rise – a 3.9 per cent increase on 3 January, adding £49 on average to annual bills.
Ed Davey has described the energy industry as being in a "Fred the shred moment", and has called for power companies to instil trust into the sector.
Ofgem has told homeowners that rising energy prices are 'inevitable' and that they must start shopping around to get the best deal.
The government has indicated that struggling householders could receive more help with water bill payments.
The government has unveiled reforms in the energy market, after Energy Secretary Ed Davey said the industry needed to change amid outcry over rising bills.
Gas and electricity bosses defend winter price rises for customers in an appearance before the Energy and Climate Change Committee.
More than a quarter of OAPs are worried about keeping warm this winter, according to a new poll.
ScottishPower has become the latest energy supplier to announce winter price rises: 8.5% for gas and 9% for electricity prices on average, as of 6 December.
Gas and electricity firm nPower announces an 10.4% average price rise for customers as of 1 December, adding £136 to annual household bills.
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