Ofgem energy price cap rises as winter approaches

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"UK households are preparing to pay higher bills this winter as the Ofgem price cap rises on Wednesday. The energy price cap will increase by 2 per cent from October 1 for a typical household in England, Scotland and Wales, just as cooler temperatures see many switching on their central heating. This means that the energy bill for the average household paying by direct debit for gas and electricity will rise from the current 1,720 to 1,755 per year."

The Independent funds on-the-ground reporting across issues including reproductive rights, climate change and Big Tech, investigates financial and political actors, and produces documentaries spotlighting activists. Donations enable deployment of reporters to gather facts and present multiple perspectives while keeping content free from paywalls, relying on support from those who can afford to pay. UK households will face higher winter energy costs after Ofgem raised the price cap by 2 per cent from October 1, pushing the typical direct-debit annual bill from 1,720 to 1,755. Uswitch estimates October spending rising to 140 from 63 in September due to higher rates and increased usage. The End Fuel Poverty Coalition calculates a 2.21 per cent year-on-year rise and says bills are 68 per cent higher than winter 2020-21, despite wholesale prices falling 2 per cent in the prior three months.

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