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UK Energy Price Cap to Rise 4 Percent Starting in October

Ofgem has confirmed that Britain’s energy price cap will increase by 4 percent this October, pushing average annual household bills to approximately £1,723. The adjustment marks the highest regulated tariff level in three years, prompting concerns from politicians about the financial strain on consumers.

25 Aug, 23:07 — 26 Aug, 08:28
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The IndependentThe Guardian
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investing-comFT
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Sources

Showing 6 of 6 sources
BBCHigh10h ago

Winter energy prices expected to rise to three-year high

Millions of households will be affected by an increase in the energy price cap by regulator Ofgem.

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FTVery High2h ago

UK household energy price cap to rise by 4% from October

Middle East war continues to push up prices ahead of the winter

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The GuardianMostly Factual2h ago

Labour’s energy bills crisis is getting worse. Political honesty is essential | Nils Pratley

Ofgem and ministers should be transparent about why energy bills for households are expected to stay stubbornly high Another Ofgem energy price cap day, another increase in bills. Miatta Fahnbulleh, the new energy secretary, can blame the usual culprit on Wednesday – the fossil fuel price “rollercoaster”, given a shove this time by Donald Trump’s Middle East misadventure. Higher gas prices will indeed be the main quarter-on-quarter reason why bills stand at a three-year high on a unit basis....

By Nils Pratley

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times-ukMostly Factual2h ago

UK energy price cap to rise 4% for winter - The Times

UK energy price cap to rise 4% for winter  The Times

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The IndependentMostly Factual41m ago

Rising energy bills ‘difficult’ for people, Andy Burnham says

Ofgem has announced that its price cap will rise by 4% or £60 per year to £1,723 from October 1.

By Josie Clarke

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investing-com2h ago

Energy prices to rise 4% for UK households from October

By Investing.com

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