General · 5 hours ago
Your energy bill hits £1,999 in January
Shipping disruptions and the conflict in Iran are pushing up wholesale gas prices across the world. Analysts at Cornwall Insight said on Wednesday that the new price limit from Ofgem, the energy regulator, will cost typical households an extra £276 a year. The January increase takes annual bills to their highest point since March 2023, even with a 5% electricity tax ending in October.
Reported by Reuters · How we write briefs
