Average annual energy bill to rise to £1,738 in Great Britain from January

Consumers also face rising mortgage costs and higher inflation. Photograph: Paul Marriott/Rex

The average annual energy bill in England, Scotland and Wales will increase to £1,738 from January, heaping further pressure on household finances, as the price cap rises by 1.2%.

The energy regulator Ofgem said its quarterly cap would go up by £21 a year, or about £1.75 a month, for a typical household’s gas and electricity use.