The official Ofgem price cap will be confirmed on Tuesday, February 25. As we are only a few weeks away from the end of the assessment period, the latest predictions are looking more concrete.
Household energy bills will increase by 1.2 per cent from the current £1,717 to £1,738 from January 1, 2025.
Martin Lewis has warned how energy prices are set to rise again from this spring. The Ofgem price cap is currently set at £1,738 a year for someone with typical energy use who pays by direct ...
In April, the Ofgem price cap is now predicted to increase by up to 6 per cent, with energy suppliers anticipating a much larger price rise than initially forecast because of higher wholesale ...
EDF has warned millions of customers risk losing £98 each from April - due to the new price cap. The energy giant said the Ofgem price cap is expected to climb to around £1,827 from April to ...
Between 1 January and 31 March 2025, gas prices will be capped at 6.34p per kilowatt hour (kWh), and electricity at 24.86 per kWh. This means the annual bill for a dual-fuel direct debit household ...
The gas and electricity supplier is offering a new tariff which promises to be £130 cheaper on average than the current Ofgem price cap. The regulator has raised prices twice in a row ...
Households will have to shell out even more than anticipated on their energy bills from April when Ofgem's price cap changes, according to new predictions. The price cap increased to £1,738 in ...
Martin Lewis has shared some “bad news” as new predictions forecast the Ofgem Energy Price Cap could rise by as much as 5.7 per cent in April. Ofgem changes the price cap for households every ...
The current price cap, which is set by the regulator Ofgem, produces an annual bill of £1,738 based on typical household use. Looking ahead, EDF has predicted that the April to June cap could ...
In light of the looming hike, smart consumers are advised to consider fixed-rate deals, as some available tariffs are likely to undercut the Ofgem-imposed price cap by at least £100 per year.
From 1 January, gas and electric bills increased for millions of households in the UK as Ofgem increased its energy price cap. The 1.2 per cent increase means that the average household will be ...
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