Energy price cap increase sees bills rise for millions – what you need to know

The average energy bill for households across England, Scotland and Wales has increased by 1.2 per cent (Danny Lawson/PA) - (PA Wire)

The energy price cap increase from 1 January means millions of households across the UK will be paying more for their bills in the new year.

From January to March, the new price cap has been set at £1,738 – a 1.2 per cent increase from the previous three months. This marked the second rise in a row, with a further increase expected for later in the year.