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Wholesale price rises push UK household bills up from April

Ofgem confirms UK households will pay higher energy bills from April

Dominic Ellis
|Feb 5|magazine3 min read

Rising energy demand and increased wholesale prices will send UK household bills up from April.

For six months from April 1, the price cap will increase by £96 to £1,138 for 11 million default tariff customers, and by £87 to £1,156 for 4 million pre-payment meter customers, Ofgem has confirmed. Consumers are encouraged to "shop around" in the meantime.

Chief Executive Jonathan Brearley said: “Energy bill increases are never welcome, especially as many households are struggling with the impact of the pandemic. We have carefully scrutinised these changes to ensure that customers only pay a fair price for their energy.  

“The price cap offers a safety net against poor pricing practices, saving customers up to £100 a year, but if they want to avoid the increase in April they should shop around for a cheaper deal.  

“As the UK still faces challenges around COVID-19, during this exceptional time I expect suppliers to set their prices competitively, treat all customers fairly and ensure that any household in financial distress is given access to the support they need. 

“The government and Ofgem have been working with the energy industry and consumer groups to support customers through this difficult time and I urge anyone worried about paying their energy bills to contact their supplier and access the help available.” 

Ofgem statement
Energy Digital magazine