Energy bills rise as price cap lifted

MANY households' energy bills are to rise today, just as a swathe of cold health alerts have been issued for large areas of the UK.

- 

The 0.2% increase to Ofgem’s energy price cap will equate to a rise of about 28p a month for the average household in England, Wales and Scotland remaining on a standard variable tariff.

This amounts to an average overall bill of £1,758 a year, up from the current £1,755.

The regulator said the funding of nuclear power projects and discounts to some households’ winter bills were driving the increase, which it announced in November.

This included funding the Government's Sizewell C nuclear power plant in Suffolk, with an average of £1 added to each household's energy bills per month for the duration of the £38 billion construction.