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flag Octopus Energy raised exit fees to £75 for new fixed-rate customers amid rising energy costs.

flag Octopus Energy, the UK’s largest energy supplier, raised exit fees for new fixed-rate customers from £0 to £75 within a week, citing soaring wholesale energy prices due to the Iran conflict and Middle East tensions. flag The rapid increase sparked backlash, with customers calling the move "shameful" and questioning its fairness. flag The company said the fees are necessary to maintain affordable fixed rates amid market volatility, emphasizing existing customers are unaffected. flag The change comes as energy price cap forecasts predict a £160 rise by July, reaching £1,801 annually. flag Experts urge consumers to switch tariffs to avoid higher costs.

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