Energy Price Cap Increase: Expected Bill Changes

The energy price cap in the UK will rise by 0.2% from January 1 to March 31, 2025, resulting in an increase of 28 pence for typical households paying by direct debit. Households on a default tariff will pay an average of 27.69 pence per kilowatt hour (kWh) for electricity, with a daily standing charge of 54.75 pence. For gas, the average cost will be 5.93 pence per kWh, with a daily standing charge of 35.09 pence. This change comes as colder weather sets in across England, Scotland, and Wales.

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