Energy bills could rise from new year in surprise hike, analysts warn
4 months, 1 week ago

Energy bills could rise from new year in surprise hike, analysts warn

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy bills could rise yet again from 1 January as rising wholesale costs push up prices for households. Analysts at Cornwall Insight predict prices will rise 1 per cent, or about £19, to £1,736 a year for the typical home. Ofgem brought in the energy cap to limit how much households were paying for gas and electricity as prices of gas spiked in the wake of Russia’s illegal war on Ukraine.

Energy Prices Cornwall Insight  term  rise  analysts  hike  breaking  sign  warn  surprise  prices  transition  cap  gas  bills  energy  wholesale

History of this topic

Energy bill support will be ‘eaten up’ by price cap increase, Tories claim
Trending News
1 month ago

Energy bill support will be ‘eaten up’ by price cap increase, Tories claim

The Independent  

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Martin Lewis weighs in on ‘weird’ energy price cap – and says households should act now
Trending News
1 month ago

Martin Lewis weighs in on ‘weird’ energy price cap – and says households should act now

The Independent  

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More headache for Starmer, UK energy bills shoot up for the third consecutive month
1 month ago

More headache for Starmer, UK energy bills shoot up for the third consecutive month

Firstpost  

Estimates published by the UK’s regulatory body Ofgem on Tuesday show that the cap, which is set every month, will jump to £1,849 from April 1. It said that volatile wholesale markets for both natural gas and electricity were the driving force behind the increase A British government advert offering people help with winter energy bills is seen on the …

Energy bills to go up after third straight price cap rise - here’s what you need to know
Trending News
1 month ago

Energy bills to go up after third straight price cap rise - here’s what you need to know

The Independent  

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Ofgem energy price cap to rise to highest level since January 2024, forecast claims
1 month, 1 week ago

Ofgem energy price cap to rise to highest level since January 2024, forecast claims

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average cost of energy bills is set to rise …

Energy price cap set to rise in April, according to forecast
1 month, 1 week ago

Energy price cap set to rise in April, according to forecast

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Craig Lowrey, principal consultant at Cornwall Insight, said: “Households have been hit hard over …

Price of petrol and diesel has risen for four consecutive months
1 month, 3 weeks ago

Price of petrol and diesel has risen for four consecutive months

Daily Mail  

Drivers have seen the cost of filling up their cars rise again in January, confirming a fourth consecutive month of increasing fuel bills, analysis shows. This means filling up a 55-litre family petrol car is more than £2 more expensive than it was four months ago and diesel more than £3 more expensive. Motorists are paying around £2 more today …

UK Households Set for Record Hike in Water Bills From April
2 months ago

UK Households Set for Record Hike in Water Bills From April

Live Mint  

-- Average UK water bills are set to rise 26% from April, the biggest ever increase for households and business still feeling the sting of a cost-of-living crisis. “We understand increasing bills is never welcome and, while we urgently need investment in our water and sewage infrastructure, we know that for many this increase will be difficult,” David Henderson, Water …

Martin Lewis urges households to act to as he shares top tips to slash bills in 2025
2 months, 2 weeks ago

Martin Lewis urges households to act to as he shares top tips to slash bills in 2025

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here are some of the money saving expert’s top tips to cutting costs this …

Nearly half of the UK’s energy is already from renewables. So why are bills so high?
2 months, 2 weeks ago

Nearly half of the UK’s energy is already from renewables. So why are bills so high?

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The biggest driver of high electricity prices, however, is the UK’s marginal pricing model, which …

What’s the UK Energy Price Cap and Why Is It Rising?
2 months, 4 weeks ago

What’s the UK Energy Price Cap and Why Is It Rising?

Bloomberg  

The cost of energy is rising for UK households, with regulator Ofgem increasing the limit on how much it allows suppliers to charge. High energy prices were a big talking point during the 2024 UK election campaign. Introduced in January 2019 by Ofgem during Theresa May ’s administration, the price cap was designed to save money for consumers by setting …

Ofgem energy price cap sees bills rise for millions – what you need to know
Trending News
2 months, 4 weeks ago

Ofgem energy price cap sees bills rise for millions – what you need to know

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The energy price cap increase from 1 January means millions …

How much will bills go up in 2025 – and when?
2 months, 4 weeks ago

How much will bills go up in 2025 – and when?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here’s are the biggest bill rises coming in 2025: Energy bills From 1 January, …

Households urged to submit energy readings amid forecast of further rises ahead
2 months, 4 weeks ago

Households urged to submit energy readings amid forecast of further rises ahead

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Now is …

Take an energy meter reading by THIS date or risk overpaying on bills, households warned
3 months ago

Take an energy meter reading by THIS date or risk overpaying on bills, households warned

Daily Mail  

Nine million households need to submit energy meter readings by 1 January to avoid overpaying on their bills, findings warn. Homes on standard variable tariffs and without a smart meter risk having some of their energy usage estimated and potentially being charged under new, higher rates, unless they submit a meter reading on or before 1 January. Meter readings: Nine …

Nine million households urged to act now to avoid overpaying on energy bills
3 months, 1 week ago

Nine million households urged to act now to avoid overpaying on energy bills

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The comparison service has urged bill payers to submit their smart meter reading in …

Water bills set for steep price hike after Ofwat review – how much will yours rise by?
Trending News
3 months, 1 week ago

Water bills set for steep price hike after Ofwat review – how much will yours rise by?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average water bills in England and Wales will increase by …

Household water bills to rise by an average £31 a year from April
Top News
3 months, 1 week ago

Household water bills to rise by an average £31 a year from April

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Household water bills in England …

Martin Lewis gives energy bill advice as price cap rises again
4 months, 1 week ago

Martin Lewis gives energy bill advice as price cap rises again

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Money expert Martin Lewis has weighed in with crucial advice …

Energy costs push UK inflation to 2.3 percent
4 months, 1 week ago

Energy costs push UK inflation to 2.3 percent

China Daily  

Inflation in the United Kingdom increased to 2.3 percent in October, putting pressure on the Bank of England to wait until next year before making additional interest rate cuts. Figures released by the Office for National Statistics, or ONS, on Wednesday showed that surging household energy costs pushed the consumer price index higher, breaking the pattern of declining inflation rates …

Worried about your energy bills? Where to turn for help
4 months, 3 weeks ago

Worried about your energy bills? Where to turn for help

The Independent  

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Energy price cap predicted to fall in January in glimmer of hope for households
6 months ago

Energy price cap predicted to fall in January in glimmer of hope for households

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Energy consultancy Cornwall Insight said it expects the typical …

Millions of households told to take action by end of the day before energy price hike
6 months ago

Millions of households told to take action by end of the day before energy price hike

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average household energy bill is to increase by £149 …

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent
7 months, 1 week ago

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Customers on standard variable tariffs will pay 6.24p per kWh …

Households urged to fix energy bills ahead of price cap rise
7 months, 1 week ago

Households urged to fix energy bills ahead of price cap rise

The Telegraph  

Households have been urged to consider fixing their energy bills after Ofgem said the price cap will rise by £149 this winter. The energy regulator said it will raise the price cap to £1,717 per year for an average household from October, up from £1,568 currently. “I’d also encourage people to shop around and consider fixing if there is a …

Average household energy bill to jump in coming months, experts warns
7 months, 1 week ago

Average household energy bill to jump in coming months, experts warns

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average household energy bill is set to rise by …

Martin Lewis says people should act now to save money on energy bills
7 months, 4 weeks ago

Martin Lewis says people should act now to save money on energy bills

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Money guru Martin Lewis has issued a warning to all …

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories
9 months, 1 week ago

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories

The Telegraph  

Claire Coutinho has accused Labour of misleading voters over claims its green energy plans will slash household bills by £300 a year. The criticism comes after Ed Miliband, the shadow energy secretary, claimed that a massive expansion of wind, solar and nuclear power will cut consumer bills by an average of £300 a year by 2030. However, Ms Coutinho pointed …

Gas bills could rise by £1,000 to pay for wind power
10 months ago

Gas bills could rise by £1,000 to pay for wind power

The Telegraph  

Gas bills are projected to rise by around £1,000 to pay for wind power under official plans currently being considered by the Energy Secretary. Claire Coutinho received a report earlier this year that suggested moving some or all green levies from household electricity bills to gas bills, or shifting them into general taxation. A new analysis by Cadent, a gas …

Ofgem reveals price cap falls as Britons to pay less for energy bills from July
10 months ago

Ofgem reveals price cap falls as Britons to pay less for energy bills from July

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem’s energy price cap will fall by 7 per cent …

Average household energy bill set to fall by 7% in July, say experts
10 months, 1 week ago

Average household energy bill set to fall by 7% in July, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average household energy bill …

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing
10 months, 1 week ago

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing

Daily Mail  

Brits are set for much-needed relief with energy bills projected to fall by another 7 per cent in July. Dr Craig Lowrey, Principal Consultant at Cornwall Insight, said: 'Our projections suggest that from July, the average annual bill will fall by around £500 compared to last summer, offering further relief given the quarter-on-quarter drop seen in April. 'While the cap …

Average household energy costs fall to lowest point in two years
11 months, 4 weeks ago

Average household energy costs fall to lowest point in two years

The Independent  

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Energy bill price hike takes effect as record numbers struggle with debt
1 year, 2 months ago

Energy bill price hike takes effect as record numbers struggle with debt

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Without additional support, it will be anything but a …

How much will YOUR energy bill go up TODAY? Use our calculator to find out how the 5% Ofgem price cap rise will affect your gas and electricity costs
1 year, 2 months ago

How much will YOUR energy bill go up TODAY? Use our calculator to find out how the 5% Ofgem price cap rise will affect your gas and electricity costs

Daily Mail  

A new online calculator has revealed how much your gas and electricity bills will go up from today after Ofgem increased its price cap amid rising wholesale prices. Energy price per unit 1 October to 31 December 2023 Electricity 27.35 pence per kWh 53.37 pence daily standing charge Gas 6.89 pence per kWh 29.62 pence daily standing charge 1 January …

Households issued urgent 24-hour warning as energy bills to rise by £94
1 year, 2 months ago

Households issued urgent 24-hour warning as energy bills to rise by £94

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. This means the UK government needs to take much more action to help people …

Household energy bills to rise 5% from January 1 amid record consumer debt
1 year, 3 months ago

Household energy bills to rise 5% from January 1 amid record consumer debt

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A £94 increase to the …

House prices end year 1.8% lower as East Anglia faced biggest drop in UK
1 year, 3 months ago

House prices end year 1.8% lower as East Anglia faced biggest drop in UK

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. This means house prices in the UK end the …

Yvonne's power bills are less than $80 a month. Here's how she did it
1 year, 3 months ago

Yvonne's power bills are less than $80 a month. Here's how she did it

ABC  

Yvonne Parker remembers having to sleep outside in the front yard of her housing commission home as a child when the temperature inside reached 50 degrees Celsius in summer. Key points: Power bills have risen by 45 per cent in two years Experts warn the capital costs of clean energy transition will flow through to consumers The transition to renewables …

Will my energy bills be higher this winter? Why some households face paying MORE despite price cap falling
1 year, 5 months ago

Will my energy bills be higher this winter? Why some households face paying MORE despite price cap falling

Daily Mail  

Some households will be paying more for their energy than last year With inflation, food prices and the Ofgem price cap all falling in recent weeks, there's reason to believe there is light at the end of the cost-of-living crisis tunnel. Some households will face higher bills this winter despite a fall in Ofgem's price cap But a closer look …

Lower energy price cap takes effect amid concerns households will pay more
1 year, 5 months ago

Lower energy price cap takes effect amid concerns households will pay more

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A fall in Ofgem’s energy …

Cost of energy will drop for households this weekend as price cap falls to £1,923 - here's why you should submit a meter reading
1 year, 6 months ago

Cost of energy will drop for households this weekend as price cap falls to £1,923 - here's why you should submit a meter reading

Daily Mail  

Millions of households will see a welcome fall in energy rates from this weekend, as the Ofgem price cap will drop to £1,923 a year for the average home. But in order to pay the right bill it is crucial to give your energy firm meter readings before the price cap goes up on October 1. Downwards: The price cap …

Energy price cap could rise back above £2,000 early next year
1 year, 6 months ago

Energy price cap could rise back above £2,000 early next year

Daily Mail  

The warning comes as Chancellor Jeremy Hunt warned that inflation was rising This is an eight percent rise on current tariff levels Annual energy bills could climb back above £2,000 next year – in a blow to millions of families facing another costly winter. The price cap set by regulator Ofgem from January 1 will take the typical gas and …

Energy bills will cost more for 7.2 million households this winter despite an expected fall in the price cap, analysis finds
1 year, 7 months ago

Energy bills will cost more for 7.2 million households this winter despite an expected fall in the price cap, analysis finds

Daily Mail  

A third of households face spending more on energy this winter than last year despite an expected fall in the price cap for gas and electricity, according to a think-tank. Analysis by the Resolution Foundation suggests that while the cost per unit of energy is coming down, 7.2 million - or 35 per cent of homes - in England will …

Energy bills expected to fall £150 a year from October
1 year, 7 months ago

Energy bills expected to fall £150 a year from October

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The amount that an average …

How much do British households pay per unit of energy consumed compared to the rest of the developed world?
1 year, 8 months ago

How much do British households pay per unit of energy consumed compared to the rest of the developed world?

Daily Mail  

Households are grappling with soaring energy prices and new research shows Britons pay some of the highest electricity costs of all developed countries. The average UK home pays around £2,074 for their energy bills, with roughly 80 per cent on variable-rate tariffs regulated by the price cap of regulator Ofgem. Energy prices vary so much between countries due to a …

People told to read meters after energy prices fall
1 year, 8 months ago

People told to read meters after energy prices fall

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy People across Great Britain have …

Energy boss warns UK households that gas and electricity bills could stay at £2,000
1 year, 9 months ago

Energy boss warns UK households that gas and electricity bills could stay at £2,000

Daily Mail  

UK households are being warned against 'complacency' as gas and electricity prices fall from this weekend to a price cap of £2,000 for the first time since Russian invaded Ukraine. The average household energy bill will fall by £426 a year from July 1 after Ofgem dropped its price cap following tumbling wholesale prices. Centrica boss Chris O'Shea has warned …

Average household energy bill to fall by £426 from July amid Ofgem price cap cut
1 year, 10 months ago

Average household energy bill to fall by £426 from July amid Ofgem price cap cut

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. At its peak, the price cap reached £4,279 and, …

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