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UK Energy Price Cap Rises 2% to £1,755 as Standing Charges Climb

Charities warn many households will cut usage, with energy debts at a record £4.4bn.

Overview

  • Ofgem’s October–December cap lifts a typical dual‑fuel bill to £1,755, increasing costs for millions on standard variable tariffs as colder weather drives up usage, and surveys show many plan to ration heating.
  • Daily standing charges rise by roughly 4% for electricity and 14% for gas, adding about 7p per day to bills due to policy and system costs.
  • Energy debts owed to suppliers have reached £4.4bn, and Ofgem says a debt‑relief scheme with government and industry is due to be finalised before the end of the year.
  • The government has expanded the £150 Warm Home Discount to about 6.1 million households for this winter.
  • Consumer groups urge households to submit meter readings and consider below‑cap fixed deals, with around 35 million exposed to cap‑linked tariffs and about 22 million paying the cap maximum.