Cap of £1,738 for Great Britain comes into force on 1 January and is expected to go up again in the spring
The latest energy price cap came into force on 1 January 2025. At £1,738 a year it is 1.2% higher than in the previous three months. The price cap applies to energy providers’ standard tariffs, and the figure is for a typical household buying gas and electricity and paying by direct debit. Most households will pay a different sum as bills are based on usage.
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