Energy bills for typical household to rise to £1,849 a year from April
Monday, 24 February 2025 The average annual energy bill will increase to £1,849 from April as the industry regulator Ofgem increases the price cap for the third time in a row.
Home Office Minister Lord Hanson says the government will "stand on the side" of consumers and those most affected by rising bills. His comments come after energy regulator Ofgem announced the latest energy price cap which could see household energy bills rise by more than £100 a year from...
Households on the energy price cap will see a 7% reduction in their average annual payments from 1 July, Ofgem has confirmed. Ofgem's Tim Jarvis urged households on the price cap to "shop around" for savings as there are "better deals out there" despite the reduction in the default tariff. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Household energy bills will drop by 7% from July, the energy regulator Ofgem announced on Friday.
Ofgem's announcement is the first drop in the energy price cap for more than a year. Energy secretary Miatta Fahnbulleh welcomed the announcement, saying: "Bills going down will be a big relief for families who are under pressure with the cost of living. We have to continue the work of getting bills down for good."
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn