Business Europe

UK energy bills to rise 4% from October

UK energy bills to rise 4% from October

UK households face a 4% rise in energy bills to an average of £1,723 a year from October, the highest level in three years.

The increase, announced by regulator Ofgem, is driven by Middle East-related wholesale costs.

The rise largely offsets the Government's VAT cut on electricity.

Consumer groups have called for more support for vulnerable households.

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Ofgem
United Kingdom government non-ministerial department
United Kingdom
Island country in north-west Europe
Martin Lewis Perl
American scientist (1927–2014)