Fri, 21 Nov 2025

Fri, 21 Nov 2025 Energy price cap fall expected as temperatures plunge

Regulator Ofgem will announce its next price cap, affecting the bills of millions of people from January.

* Ofgem will announce a new energy price cap on Friday, which will take effect at the start of January
* Prices for millions of households in England, Wales, and Scotland are expected to fall by 1% from current levels
* The cap sets a maximum price per unit of gas and electricity, but those who use more energy will still pay more
* A household using a "typical" amount of energy currently pays £1,755 a year under the current cap
* Analysts predict prices will rise again in April
* Charities report record levels of unpaid bills and charges to suppliers, with £4.4bn owed in total
* Ofgem plans to write off some of this debt, potentially up to £500m
* Energy UK advises households facing difficulties paying their energy bill to contact their provider for help
* The government is considering extra cost-of-living support in the upcoming Budget on 26 November
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