Ofgem Says Typical UK Household Energy Bill Will Rise 13% to £1,862 From July

According to Ofgem (United Kingdom energy regulator), the annual bill for a typical household is set to increase to £1,862 from July.

Summary

Ofgem (United Kingdom energy regulator) said energy bills for a typical household will rise by 13% to £1,862 a year from July. The update points to higher household energy costs in the United Kingdom and marks a regulated change in the price cap environment that affects consumer utility bills.

Terms & Concepts
  • Ofgem: The Office of Gas and Electricity Markets, the United Kingdom regulator overseeing retail energy markets and consumer price protections.
  • Energy price cap: A regulatory limit on the maximum unit rates and standing charges suppliers can charge typical default tariff customers.