Starting today, energy bills are edging up slightly due to the implementation of the new Ofgem price cap.
For households paying via direct debit, the annual energy bill will rise from £1,755 to £1,758 yearly. This cap regulates the maximum charges for gas and electricity unit rates, along with standing charges.
Notably, the cap does not impose an overall limit on energy payments, thus the bill amount remains subject to individual gas and electricity usage. Those not under a fixed energy tariff fall under the price cap.
As of today, the price cap for pre-payment meter users increases from £1,707 annually to £1,711, while those paying upon bill receipt will see a jump from £1,890 yearly to £1,894.
The price cap undergoes revision every three months, with the next adjustment slated for April 2026.
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