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The Latest Breaking News from Ofgem

Energy discounts are a sticking plaster – here's a long-term solution to soaring household bills

The energy crisis is biting hard. Average gas and electricity bills in the UK will rise by 54% on April 1 2022 when the regulator Ofgem lifts its price cap. This is an increase of roughly £700 a year (US$950). According to the charity National Energy Action another two million…

The Conversation · Feb 4, 2022

Energy prices could rise again in the summer - this is why

Energy prices could rise again in the summer - this is why

Amid a major increase in energy bill prices in April, fears are growing over another increase before October

Manchester Evening News · Feb 4, 2022

Energy bills for 22 million homes could rise again this summer under new Ofgem powers

Energy bills for 22 million homes could rise again this summer under new Ofgem powers

Officials said that changes to the price cap on bills, including the ability to change it more often than twice a year, will reduce risks for suppliers

The Independent UK · Feb 4, 2022

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Energy bill price cap will be 'the death of some care homes' in Greater Manchester, care manager warns

The increase is expected to plunge millions into fuel poverty

Manchester Evening News · Feb 4, 2022

Water bills set to rise by £7 a year

The increase comes shortly after Ofgem put up the price of energy by nearly £700.

The Independent UK · Feb 4, 2022

Martin Lewis advice on what you should and shouldn't do amid energy bills crisis

Martin Lewis has been wading through the energy bills crisis after Ofgem yesterday confirmed that it was hiking its energy price cap by almost £700 for people on default tariffs

Daily Mirror · Feb 4, 2022

How to check your house's council tax band - find out yours as rebate confirmed and costs soar

It comes after Ofgem increased the energy price cap to just under £2,000 a year

Nottingham Post · Feb 4, 2022

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Energy bills could go up again this summer as Ofgem gives itself new power

Energy bills could go up again this summer as Ofgem gives itself new power

Bills should have been fixed until October but Ofgem says there may now be another announcement much sooner

Wales Online · Feb 4, 2022

Who is eligible for help with energy bills and council tax and how to claim

Who is eligible for help with energy bills and council tax and how to claim

Electricity and gas bills to soar by almost £700 from April, says Ofgem

The Independent UK · Feb 4, 2022

Energy bills could rise again this summer under new Ofgem powers

Energy bills could rise again this summer under new Ofgem powers

Ofgem has given itself the powers to change the price cap outside its normal twice-yearly reviews

The Independent UK · Feb 4, 2022

Energy price cap may be updated every three months, says Ofgem

Energy price cap may be updated every three months, says Ofgem

Great Britain’s regulator says it would allow households to adjust more quickly to market changes

The Guardian - UK · Feb 4, 2022

Hundreds of Dumfries and Galloway households to be plunged into fuel poverty after Ofgem announces annual bills will soar by nearly £700

Hundreds of Dumfries and Galloway households to be plunged into fuel poverty after Ofgem announces annual bills will soar by nearly £700

The whopping rise "make life considerably harder for thousands of older people", with some facing a choice between "heating and eating"

Daily Record · Feb 4, 2022

Martin Lewis' latest advice for households after £693 energy bill hike confirmed

Martin Lewis' latest advice for households after £693 energy bill hike confirmed

Martin Lewis has explained what people should do after Ofgem confirmed a 54% price hike

Liverpool Echo · Feb 4, 2022

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Feb 4, 2022

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Wales Online · Feb 3, 2022

Why are gas and electricity prices rising so much?

The rises we've seen so far are small compared to what's coming in April

Chronicle Live · Feb 3, 2022

Cost of living budget calculator - how much your bills will rise as prices skyrocket

Millions of households will experience eye-watering hikes in their energy bills from April 1 as the price cap is set to increase. The move will affect some 22 million households

Daily Mirror · Feb 3, 2022

Martin Lewis explains what households should do after £700 energy bill hike confirmed

The advice from Martin Lewis comes after Ofgem confirmed those on default tariffs will see an increase of £693 from £1,277 to £1,971 from April 1 - up a staggering 54%

Daily Mirror · Feb 3, 2022

Cost of living budget calculator - how much your bills will rise by as prices skyrocket

Millions of households will experience eye-watering hikes in their energy bills from April 1 as the price cap is set to increase. The move will affect some 22 million households

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Daily Mirror · Feb 3, 2022

Ofgem rule hidden in small print means energy prices could keep rising quickly

The energy regulator has confirmed today that the new price cap will increase to £1,917 from April 1 2022. It's a 54 per cent increase, meaning an average of £693 a year will be added to energy bills

The Guardian - UK · Feb 3, 2022

Government and Ofgem have sleepwalked into this energy crisis

Ministers are putting huge faith in wholesale prices falling and then stabilising; the background fear is another surge

The Guardian - UK · Feb 3, 2022

Energy bills: what help is Sunak offering on the cost of living crisis?

The chancellor has announced a package of measures after Ofgem raised the price cap by 54%

Evening Standard · Feb 3, 2022

The Leader podcast: Londoners hit by cost of living double whammy

The day that millions of households have been dreading has arrived, Ofgem has confirmed there will be a £693 rise to the energy price cap, taking the new threshold to £1,971, meaning an increase of 54 per cent.

Wales Online · Feb 3, 2022

Gas prices: If I'm on a fixed energy deal - will my bill go up?

As Ofgem raises the energy price cap, we'll answer who'll be affected

Evening Standard · Feb 3, 2022

Cost Of Living Crunch Day

Today was, in the words of Resolution Foundation’s Torsten Bell, “Cost of living crunch day.” We had Ofgem’s announcement of the energy price cap rise. Expect to come across phrases such as ‘unprecedented’, ‘eye-watering’ and parents across the land beseeching their children to close the front door.

Nottingham Post · Feb 3, 2022

Martin Lewis condemns 'catastrophic' energy price rise as 'worse than expected'

He can't see how many will be able to afford the price hike

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