Domestic Energy Prices To Rise Again In 2025

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The UK’s energy price cap has risen once more, increasing by £21 to an average annual bill of £1,738 for typical households. This adjustment, effective from January 2025, impacts around 26 million households on standard variable tariffs. Furthermore, analysts predict additional hikes in April, putting even greater pressure on household budgets. Why Have Energy Prices … Read more

October 2024 Energy Price Cap: What It Means for You

In October 2024, Ofgem, the UK’s energy regulator, announced a 10% increase in the energy price cap for a typical household, effective from October 1 to December 31. This adjustment reflects the ongoing global fluctuations in energy costs. Understanding the Energy Price Cap The energy price cap sets a maximum limit on the rates suppliers … Read more