Charities have reacted angrily to the rise while the boss of Octopus has suggested pensioners struggling to heat their homes should consider using electric blankets to keep warm

The Ofgem price cap does not put a limit on how much you can pay for energy - instead, it sets the maximum unit price you can be charged for gas and electricity

Ofgem has confirmed that the energy price cap will rise once again in the New Year in a devastating cost of living blow for consumers. The typical energy bill for households on a variable rate tariff will increase to £1,

The UK’s energy price cap is set to rise by £21 for an average household, taking a standard yearly bill to £1,738, Ofgem has said. The energy regulator opted to announce a 1.2 per cent hike in the cap for the period January to March 2025 – or £1.

Hospitality trade bodies share concern as Ofgem increases the energy price cap to 1.2% for the first three months of 2025.

We explain all the ways to cut your energy bill after Ofgem announced its price cap will rise once again from January in a major blow to millions of households

Brits are bracing for more misery as the energy price cap will increase to £1,738 a year. The change to the Ofgem price cap – which sets a maximum rate per unit and standing charge that can be billed to customers for their energy use – will rise by £21 for an average household per year or around £1.75-a-month.

Millions of British households will see energy bills tick up in January after regulator Ofgem said it would increase its domestic price cap by 1.2% from January as volatile wholesale energy markets kept prices high.

Energy bills for a typical household will rise again in January, with prices expected to remain relatively high into the new year. It means someone paying by direct debit and using a typical amount of gas and electricity will pay £1,

Ofgem raises the energy cap by 1.2% to £1,738 from January, as pensioner poverty rises amid winter fuel cuts. Fixed tariffs & payment switches offer savings.