UK Energy Bills Rise as Price Cap Increases and Further Hikes Predicted

Households face escalating costs with a January price cap hike and a projected 3% increase in April amid volatile global energy markets.

The energy price cap has risen by 1.2%, increasing the average annual bill to £1,738, with a further 3% hike forecast for April 2025.
Households without smart meters are urged to submit meter readings to avoid being charged at higher January rates for December usage.
The energy market remains volatile due to geopolitical tensions, including reduced Russian gas supplies and uncertainty surrounding U.S. energy exports under President Trump.
Millions of pensioners will receive reduced financial support this winter after the government cut winter fuel payments for those not on pension credit.
Consumers are encouraged to explore fixed-rate energy deals, which may offer more stability and savings compared to variable tariffs tied to the price cap.