Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Record
Daily Record
Lifestyle
Levi Winchester & Jacob Rawley

Will energy bills change with Ofgem price cap set to rise on January 1

Some consumers may have received concerning emails regarding energy price rises going into the New Year.

The regulator Ofgem has confirmed its price cap will increase by around 20 percent come January 1 - up from £3,549 a year for someone with typical use to £4,279. This could lead to confusion as UK energy bills are still discounted by the Government's Energy Price Guarantee until April 2023.

The guarantee covers the amount you pay per kilowatt, and is currently set at a rate which will see the average household pay around £2,500 a year - rising to £3,000 in April.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.