UK energy bills to rise by 1% in January, reaching £1,736 annually for typical households.

Energy bills in the UK are set to rise by 1% in January, reaching £1,736 annually for a typical dual-fuel household, according to Cornwall Insight. This follows a 10% increase in October. Factors like geopolitical tensions, maintenance issues in Norway, and weather disruptions are contributing to the high prices. While prices may drop slightly in April and October 2025, experts advise the government to consider social tariffs and other support measures for vulnerable households.

November 18, 2024
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