Millions of UK households will face higher energy costs this winter after Ofgem confirmed a 2% rise in the price cap from October 2025. The move will push a typical dual-fuel bill from £1,720 to £1,755 ($2,310 to $2,360), adding about £35 a year.
The regulator attributed the rise to higher wholesale costs and ongoing pressures on Britain's energy grid. The decision comes despite forecasts earlier this year suggesting only a 1% increase, with analysts at Cornwall Insight estimating bills would reach around £1,737 ($2,335). The sharper-than-expected adjustment has raised concerns about affordability as colder weather approaches.
