Ofgem's director general of markets says he is aware that increases in energy bill prices due to the energy regulator's new price cap is "unwelcome news" for customers. Tim Jarvis blames the changes on the "international wholesale price of gas",

Ofgem has confirmed the typical dual fuel household paying by direct debit will see their annual energy bill increase from £1,738 a year to £1,849 from April

The 6.4% hike, driven by a recent surge in wholesale prices, will push the average annual bill for households in England, Scotland, and Wales on a standard variable tariff from £1,738 to £1,849. This increase will add £111 to the average household's yearly bill, or roughly £9.25 a month over the next three months.

Energy bills are set to rise by 6.4% from April, Ofgem has confirmed. The average bill will increase to £1,849 from April. It is the third consecutive rise to the energy price by cap the regulator. The new figure represents a 6.

The Ofgem price cap does not put a limit on how much you can pay for energy - instead, it sets the maximum you can be charged for unit rates and standing charges

Energy bills are set to rise by 6.4% in April for the millions of households still on standard variable tariffs.

The energy regulator is gearing up to introduce a series of major changes that could see you shelling out more or less on your bills, depending on your energy consumption

While the official rate won’t be known until 25 February when it is announced by regulator Ofgem, a rise is now all but confirmed. This means the UK will see the third consecutive rise in April, as the price cap reaches its highest level since January 2024.

According to Uswitch, here are the top 10 cheapest fixed-rate energy tariffs at the time of writing, from Octopus to British Gas. The energy price cap, introduced in 2019 by the regulator Ofgem, prevents service providers from making excessive profits from customers.