OFGEM ANNOUNCES 2% ENERGY PRICE RISE FROM OCTOBER – Households face higher bills as standing charges go u
Millions of households across England, Scotland and Wales are set to face higher gas and electricity bills this autumn, after Ofgem confirmed a 2% rise in its latest energy price cap.
From October, a typical household will pay around £1,755 a year—an increase of £35 compared to the current cap. While smaller than past spikes, campaigners warn the change will still leave families grappling with high energy costs during the colder months.
The cap sets the maximum price suppliers can charge per unit of energy, though total bills still depend on usage. On average, households can expect to pay about £2 more for every £100 spent on energy.
Ofgem said the rise is linked not just to wholesale prices, but also to higher transportation costs and government-backed support schemes. Standing charges will also climb, with electricity up 4% and gas up 14%, meaning customers will pay more simply for being connected to the grid.
There is some relief: households on means-tested benefits will automatically receive a £150 Warm Home Discount this winter, with eligibility widened after restrictions based on property size were scrapped.
