News
  • Login
  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Sunday, June 14, 2026
No Result
View All Result

NEWS

3 °c
London
8 ° Wed
9 ° Thu
11 ° Fri
13 ° Sat
  • Home
  • Video
  • World
    • All
    • Africa
    • Asia
    • Australia
    • Europe
    • Latin America
    • Middle East
    • US & Canada

    Australia has some of the world's costliest homes. Will scrapping tax breaks help?

    Ticketmaster says Knicks fans won't be locked out of game after last-minute panic

    Nigerian author accuses hospital of stalling review into her son's death

    Vincent's parents 'never say he's good enough' – so he turned to a middle-aged couple online

    From war to World Cup – Dzeko’s last dance could be Bosnia’s new beginning

    A sneak peek inside Mexico’s iconic Azteca Stadium before World Cup kickoff

    Vance says Israeli PM Netanyahu 'has got some things wrong'

    The Knicks could soon be champions

    Bangladesh beat Australia to claim first ODI series win against six-time World Cup winners

  • UK
    • All
    • England
    • N. Ireland
    • Politics
    • Scotland
    • Wales

    The Papers: 'PM overrules Miliband' and 'We was robbed!'

    Haiti v Scotland: John McGinn ‘beaming with pride’ after winner

    World Cup of Darts: England’s Luke Littler and Luke Humphries set up Wales quarter-final

    Protecting native ash trees from pest that can strip them bare

    Molly Russell's dad says PM rushing social media restrictions 'deplorable'

    Eight arrests at anti-immigration and counter protest in Brighton

    The Papers: 'Starmer braced for exodus' and 'Giant of art'

    'It's all they're talking about': Scotland gripped by World Cup fever

    Thousands to attend annual Pride Cymru festival

  • Business
    • All
    • Companies
    • Connected World
    • Economy
    • Entrepreneurship
    • Global Trade
    • Technology of Business

    UK vows to phase out Russian diesel and jet fuel imports by new year

    'I was employee number one at SpaceX'

    Reporter Reads

    Teen plans to leave uni 'debt free' after making £35,000 selling vintage football shirts

    Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut

    UK economy contracts as Iran war impact felt

    Why the economics make this the craziest World Cup ever

    Elon Musk’s SpaceX raises $75bn ahead of record stock market debut

    Donald Trump: ‘I love the inflation’

  • Tech
  • Entertainment & Arts

    Dancers say Lizzo ‘needs to be held accountable’ over harassment claims

    Freddie Mercury: Contents of former home being sold at auction

    Harry Potter and the Cursed Child marks seven years in West End

    Sinéad O’Connor: In her own words

    Tom Jones: Neighbour surprised to find singer in flat below

    BBC presenter: What is the evidence?

    Watch: The latest on BBC presenter story… in under a minute

    Watch: George Alagiah’s extraordinary career

    BBC News presenter pays tribute to ‘much loved’ colleague George Alagiah

    Excited filmgoers: 'Barbie is everything'

  • Science
  • Health
  • In Pictures
  • Reality Check
  • Have your say
  • More
    • Newsbeat
    • Long Reads

NEWS

No Result
View All Result
Home Business

Energy price cap rises slightly as temperatures fall

January 1, 2026
in Business
8 min read
250 2
0
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Kevin PeacheyCost of living correspondent

Getty Images Woman wearing a blue jumper and scarf stands looking out of a window with a warm drink in a mug with steam coming from it in her hand.Getty Images

Energy bills are rising for millions of households in England, Scotland and Wales as the new year begins, after Ofgem raised its price cap slightly.

Prices for those on variable tariffs are rising by 0.2% from now, the equivalent to a £3 annual increase for a household using a typical amount of gas and electricity.

Campaigners say this means billpayers are facing another winter of high energy prices with the latest increase, albeit small, coinciding with the coldest period of the year.

However, changes announced in the Budget should mean a fall in the cost of energy from April.

Regulator Ofgem’s energy price cap sets the maximum price for each unit of gas and electricity for those on variable tariffs, not the total bill – so those who use more energy, pay more.

The regulator’s cap is illustrated with a household using a “typical” amount of 11,500 kWh of gas and 2,700 kWh of electricity a year with a single bill for gas and electricity, settled by direct debit. This household would see a £3 rise in its annual bill from £1,755 to £1,758.

However, the amount used varies significantly between households, so the best way to calculate the change is to work out the percentage change from your own usual annual bill.

Standing charges – the fixed costs that cover the cost of running the network as well as government levies – will rise by 2% for electricity and 3% for gas, driving the overall increase.

A bar chart showing the energy price cap for a typical household on a price-capped, dual-fuel tariff paying by direct debit, from January 2022 to January 2026. The figure was £1,216 based on typical usage in January 2022. This rose to a high of £4,059 in January 2023, although the Energy Price Guarantee limited bills to £2,380 for a typical household between October 2022 and June 2023. Bills dropped £1,568 in July 2024, before rising slightly to £1,717 in October, £1,738 in January 2025, £1,849 a year from April, £1,720 from July, and £1,755 from October. From January 2026, the figure will be £1,758.

Electricity unit rates are rising, offset by a slight fall in gas rates, meaning that heavy users of electricity will see the biggest impact.

The price cap affects England, Wales and Scotland, as the sector in Northern Ireland is regulated separately.

Ofgem says people can often save money by moving to a fixed tariff. That sets the unit price for a certain period of time, so anyone already on a fixed deal will not see a change now.

Emily Seymour, energy editor at consumer group Which?, said there were several deals on the market at prices lower than the price cap.

“As a rule of thumb, we’d recommend looking for deals cheaper than the current price cap, not longer than 12 months and without significant exit fees,” she said.

For many households, the heating will be on for longer as we enter January and February, with snow and ice warnings in place for some areas.

Some vulnerable households in certain areas of England, Wales and Northern Ireland are receiving cold weather payments, worth £25 a week, if the average temperature in a local area is recorded as, or forecast to be, 0C or below for seven days in a row.

Households can check their eligibility via a government online service. A separate winter heating payment operates in Scotland.

The £150 Warm Home Discount has been extended by the government to apply to more lower income households.

Simon Francis, from the End Fuel Poverty Coalition, said more needed to be done to help those who were struggling following the latest, small price increase.

“This is a case of every little hurts… we need to see much lower bills but also measures to keep people’s homes warmer every winter.”

James Jones and his wife Christine, like millions of other pensioners, have seen their winter fuel payment reinstated following a government U-turn on restricting the allowance.

“Obviously we’ve got it for the cold months. We’ve got the central heating on more. It’s made a big difference. You know it’s coming, so it’s your standby,” said Mr Jones.

James Jones and his wife Christine flank his mum Evelyn Williams and stepdad Harry, with Christmas decorations in a hall behind them.

James Jones and his wife Christine flank his mum Evelyn Williams and stepdad Harry

But the Warrington couple are still cutting back on luxuries to cover bills.

“We get a rise on our pension but it gets taken off you by food, petrol and everything else going up all the time so really you don’t benefit,” he said.

There is some hope on the horizon in spring, though. In the Budget, Chancellor Rachel Reeves said some levies placed on energy bills would go, lowering bills for millions of households by £150 a year from April.

That included cutting a scheme that was designed to tackle fuel poverty and help reduce carbon emissions, as well as shifting some costs onto general taxation.

People on fixed deals in April would still benefit from the changes, the government has confirmed.

However, about £30 will be knocked off those annual savings from April to pay for maintaining gas networks and strengthening the electricity transmission network.

There are also signs of lower wholesale costs, paid by suppliers.

Analysts at energy consultancy Cornwall Insight predict an 8% drop in the price cap in April – the equivalent of a fall of £138 to £1,620 a year for a household using a typical amount of gas and electricity.



Source link

Tags: capenergyfallpricerisesslightlytemperatures

Related Posts

UK vows to phase out Russian diesel and jet fuel imports by new year

June 14, 2026
0

The ban forms part of the government's package of sanctions on Moscow due to the ongoing war with Ukraine....

'I was employee number one at SpaceX'

June 14, 2026
0

The BBC's Michelle Fleury spoke to Tom Mueller, who was one of the company's founders alongside Elon Musk in...

Reporter Reads

June 14, 2026
0

Our economics editor Faisal Islam on the factors influencing the price of your cuppa. Source link

  • Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

    523 shares
    Share 209 Tweet 131
  • UK inflation: Supermarkets say price rises will ease soon

    515 shares
    Share 206 Tweet 129
  • Ballyjamesduff: Man dies after hit-and-run in County Cavan

    510 shares
    Share 204 Tweet 128
  • Somalia: Rare access to its US-funded 'lightning commando brigade

    508 shares
    Share 203 Tweet 127
  • Google faces new multi-billion advertising lawsuit

    508 shares
    Share 203 Tweet 127
  • Trending
  • Comments
  • Latest

Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

January 10, 2023

UK inflation: Supermarkets say price rises will ease soon

April 19, 2023

Ballyjamesduff: Man dies after hit-and-run in County Cavan

August 19, 2022

Stranger Things actor Jamie Campbell Bower praised for addiction post

0

NHS to close Tavistock child gender identity clinic

0

Cold sores traced back to kissing in Bronze Age by Cambridge research

0

Calls to restore chalk grassland for rare insects

June 14, 2026

The Papers: 'PM overrules Miliband' and 'We was robbed!'

June 14, 2026

Is Download's first female headliner a milestone or a 'bittersweet' moment?

June 14, 2026

Categories

Science

Calls to restore chalk grassland for rare insects

June 14, 2026
0

Buglife says the project aims to restore more than 30 hectares of the vital ecosystem. Source link

Read more

The Papers: 'PM overrules Miliband' and 'We was robbed!'

June 14, 2026
News

Copyright © 2020 JBC News Powered by JOOJ.us

Explore the JBC

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More

Follow Us

  • Home Main
  • Video
  • World
  • Top News
  • Business
  • Sport
  • Tech
  • UK
  • In Pictures
  • Health
  • Reality Check
  • Science
  • Entertainment & Arts
  • Login

Copyright © 2020 JBC News Powered by JOOJ.us

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
News
More Sites

    MORE

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
  • News

    JBC News