UK Energy Bills to Rise by 10% in October
UK Energy Bills to Rise by 10% in October
UK Energy Bills to Rise by 10% in October
News summary

Ofgem has announced a 10% increase in the energy price cap, raising average annual bills from £1,568 to £1,717 starting October 1, 2024. This hike coincides with the removal of Winter Fuel Payments for up to 10 million pensioners who are not on means-tested benefits, exacerbating concerns about fuel poverty among older adults. Experts and campaigners, including Martin Lewis, have called on the government to reconsider the cut to Winter Fuel Payments, highlighting that many pensioners will struggle to meet their energy costs. The rise in energy costs is attributed to increased wholesale prices and ongoing market volatility, partly due to the Russia-Ukraine conflict. Despite the rise, bills remain lower than last year's peak of £1,834. The changes will affect households differently based on their energy usage and payment methods.

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Average annual energy bill to rise by 10% to £1,717 in Great Britain from October
Households to face higher energy bills this winter as price cap set to rise
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BBC News
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Energy price cap: Charities fear double hit for pensioners
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BBC News
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Energy prices expected to rise under new price cap
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5
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1
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Last Updated
25 days ago
Bias Distribution
40% Left
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Story Coverage
Average annual energy bill to rise by 10% to £1,717 in Great Britain from October
Households to face higher energy bills this winter as price cap set to rise
alt
BBC News
Center
Energy price cap: Charities fear double hit for pensioners
alt
BBC News
Center
Energy prices expected to rise under new price cap

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