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The Latest Breaking News from Ofgem

What is the Ofgem energy price cap and how much will it increase on January 1st?

It has been announced that from 1 January 2024, the Price Cap is set to rise to £1,928 a year.

The National (Scotland)

Household energy bills to rise 5% from January 1 amid record consumer debt

Households are urged to submit meter readings to their supplier before January 1 to ensure they are charged correctly.

Evening Standard

Households issued urgent 24-hour warning as energy bills to rise by £94

Ofgem said rising costs are driven by market instability and global conflicts such as Ukraine

The Independent UK

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Energy bills: read your meter now before Ofgem price cap rises

As new year looms, there’s one last job for households in Great Britain on standard variable tariffs

The Guardian - UK

Rural communities in Scotland to be hit hardest by soaring energy bills

AS heating bills continue to rise into the new year, an MSP has challenged the UK Government to cut bills for rural communities facing plunging…

The National (Scotland)

Energy Bills in the UK is set to Decrease by a Significant Amount in 2024

The energy price cap in Great Britain is set to decrease by 14 per cent, anticipated to bring down annual bills by an average of £268.

International Business Times UK

Energy Bills Predicted To Fall To £1,660 From April, A New Forecast Suggests

Consultancy firm Cornwall Insight says bills could drop by £268 a 16 per cent decrease – in line with the official price cap set by the UK's energy regulator Ofgem.

International Business Times UK

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Energy price cap in Great Britain to fall by 14% in April, says forecaster

Cheaper oil and gas expected to fuel drop in annual bills by £268 to £1,660

The Guardian - UK

Ofgem Proposes Energy Price Cap Adjustment to Tackle £3 Billion Debt Crisis

The proposed measure involves a one-time adjustment of £16, spread across the period from April 2024 to March 2025.

International Business Times UK

Energy price cap to increase as suppliers seek to recover debts

THE UK’s energy watchdog has unveiled plans to lift the energy price cap, signalling an increase to already high energy costs.

The National (Scotland)

Ofgem to hike energy price cap to help firms handle record bad debts

Regulator calls price cap a "blunt instrument" amid calls for support to be targeted at those who can't pay

Evening Standard

Ofgem plans to add £16 to energy bills to help suppliers recover £3bn in bad debts

Extra payment would be levied at £1.33 a month between April next year and March 2025

The Guardian - UK

UK house prices to ‘fall up to 4%’ in 2024; business activity picks up in December – as it happened

Halifax says no signs of spike in ‘forced sales’; eurozone heading for recession while UK avoids recession, surveys suggest

The Guardian - UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

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news in one place.

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The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

The Independent UK

December dates for benefits, pensions and cost of living payments

Many households still struggling and facing costly winter, even as inflation begins to ease

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