Energy costs rise for British households - Bills rise by 4% since October. Highest price in three years
Gas and electricity prices in Britain will rise by 4% from October, after rising by 13% at the start of July, affected by the rise in global energy market prices caused by the war in the Middle East.
The UK's energy regulator, Ofgem, said the new tariff for around 22 million households was equivalent to £1,723 a year for a typical household's gas and electricity use, compared with an increase of £1,663 for the July-September period.
As the bill rises in successive quarters, a typical household will pay an extra £350 a year more than in 2024, when the Labour government came to power with the promise of cutting bills by £300 a year by the end of the decade.
Around a third of households who buy their energy through fixed-price agreements will not be affected by the change to the energy cap. The rise in energy costs has increased calls for the government to help households in need. There have been repeated calls for the government to finance additional measures by increasing taxes on windfall profits for energy companies and introducing a windfall profit tax for banks.
The regulator calculated the average of £1,723 based on the estimated energy use of a typical household. Since July, it has assumed lower annual energy use than in previous years because high energy costs have forced many households to use less gas and electricity.
More than a third of households have started to lower the temperature of their washing machines and radiators since 2023. Meanwhile, when the weather is colder, around a fifth of households have started going to bed early to warm up, or have only heated one room to save energy, a survey found.
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