Price cap on British energy bills to rise 6.4% in April, squeezing households – business live
Between 1 April and 30 June 2025, the energy price cap has been set at £1,849 per year for a typical household who use electricity and gas and pay by Direct DebitCost of global energy crisis on households in Great Britain ‘to hit £3,000 by summer’Jonathan Brearley, CEO of Ofgem, has blamed “volatile” prices in the wholesale energy sector for pushing up the price cap on British energy bills.Brearley says:“We know that no price rise is ever welcome, and that the cost of energy remains a huge challenge for many households.“But our reliance on international gas markets leads to volatile wholesale prices, and continues to drive up bills, which is why it’s more important than ever that we’re driving forward investment in a cleaner, homegrown system.‘For the third time in a row the price cap is rising. Households already faced sky-high bills as a result of the energy crisis, and today’s announcement will add to the burden on the most vulnerable. We already see the impacts of sustained high bills – total energy debt is at record levels and rising, and people are rationing their heating to dangerous levels and going without essentials.‘National Energy Action is calling for additional targeted energy bill support through a social tariff or an expanded Warm Home Discount; a help-to-repay scheme to support households out of debt; and for the government’s Warm Homes Plan to provide significant investment to insulate the coldest homes for the poorest households.’ Continue reading...
Between 1 April and 30 June 2025, the energy price cap has been set at £1,849 per year for a typical household who use electricity and gas and pay by Direct Debit
Jonathan Brearley, CEO of Ofgem, has blamed “volatile” prices in the wholesale energy sector for pushing up the price cap on British energy bills.
Brearley says:
“We know that no price rise is ever welcome, and that the cost of energy remains a huge challenge for many households.
“But our reliance on international gas markets leads to volatile wholesale prices, and continues to drive up bills, which is why it’s more important than ever that we’re driving forward investment in a cleaner, homegrown system.
‘For the third time in a row the price cap is rising. Households already faced sky-high bills as a result of the energy crisis, and today’s announcement will add to the burden on the most vulnerable. We already see the impacts of sustained high bills – total energy debt is at record levels and rising, and people are rationing their heating to dangerous levels and going without essentials.
‘National Energy Action is calling for additional targeted energy bill support through a social tariff or an expanded Warm Home Discount; a help-to-repay scheme to support households out of debt; and for the government’s Warm Homes Plan to provide significant investment to insulate the coldest homes for the poorest households.’ Continue reading...
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