Winter energy prices expected to rise to three-year high
Summary
Energy bills for about 33 million households in the UK are expected to rise this winter to the highest level in three years due to higher wholesale gas prices. The price cap, which limits the maximum cost per unit of energy, will increase by about 4%, affecting many people on variable tariffs as colder weather arrives.Key Facts
- The energy price cap rise will affect households in England, Scotland, and Wales from October to December.
- Wholesale gas prices have increased by 61% over the past three months compared to late 2025.
- Around 40% of households have fixed energy tariffs, so their bills will not rise until their contracts end.
- The average household using typical energy amounts is expected to pay about £1,729 per year from October, up from £1,663 earlier.
- Energy debt among households has grown to about £6 billion and is expected to reach £7 billion by the end of the year.
- The government plans to reduce VAT on electricity bills starting in October, which should lower bills by about £50 annually.
- Energy UK and charities have called for more support, such as discounted tariffs and debt relief, for those struggling to pay.
- Energy suppliers offer support programs, but people must contact their supplier to access help.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
