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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Energy bills in Great Britain rise by 5% as price cap increases

Energy smart meter showing weekly budget exceeded
Households are being urged to submit meter readings to their supplier as quickly as possible to ensure they are charged correctly. Photograph: Trudie Davidson/Getty Images

A £94 increase to the average annual household energy bill has come into effect after the regulator upped its price cap in response to a rise in global gas market prices.

The change, taking effect from 1 January, means average households are beginning 2024 with a 5% increase in energy bills – at the start of what could be the coldest three months of the year.

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