Ofgem confirms price cap to rise to £3,549

clock • 9 min read
Ofgem confirms price cap to rise to £3,549

Regulator confirms household bills set to rise by 80 per cent from October, as Liz Truss again argues it is wrong to "bung more money" at those struggling with soaring costs

Domestic energy bills are set to soar by 80 per cent from October, after regulator Ofgem this morning confirmed the price cap for the average household gas and electricity bill is to rise to £3,549...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

View profile
More from Amber Rolt

'Government calls time on these nasty devices': Single-use vapes banned from tomorrow

Environment Agency declares drought in North West England

More on Energy

How corporates are helping to drive the global clean power boom
Energy

How corporates are helping to drive the global clean power boom

Research from the RE100 initiative shows firms setting their sights on 100 per cent renewable electricity are playing an increasingly important role in accelerating the shift towards clean power

Michael Holder
Michael Holder
clock 30 May 2025 • 8 min read
E.ON teams up with Kraken to launch AI-led smart energy management service
Energy

E.ON teams up with Kraken to launch AI-led smart energy management service

'ResidentialFlex' uses AI and machine learning to automatically shift household energy consumption to cheaper times of day

Amber Rolt
clock 29 May 2025 • 2 min read
Report: Removing gas plants from wholesale power market could slash UK energy bills
Energy

Report: Removing gas plants from wholesale power market could slash UK energy bills

Consultancy Stonehaven argues paying legacy gas-fired power plants through a regulated asset based model could shave billions of pounds off UK energy bills

Michael Holder
Michael Holder
clock 27 May 2025 • 4 min read