The UK energy price cap is set to increase in July, raising the annual bills for typical households that pay by direct debit. The current price cap for a typical household paying by direct debit for gas and electricity is £1,641 per year. From July, the new price cap is announced at £1,862 per year for the same typical household, which represents an increase of £221 annually. The price cap is intended to limit what energy suppliers can charge customers during the period it applies, and the reported figures relate to the “typical household” estimate used to calculate the cap. Sources agree on both the current and future cap levels for direct-debit customers, and on the size of the year-on-year rise. While the exact amount a household pays can vary depending on usage and tariff details, the headline change for the typical direct-debit household is the increase from £1,641 to £1,862 per year.
Energy price cap rises to £1,862 from July for typical direct-debit households
The UK energy price cap is set to increase in July, raising the annual bills for typical households that pay by direct debit. The current price cap for a typical household paying by direct debit for g...
- The energy price cap for a typical household paying by direct debit currently is £1,641 per year.
- From July, the price cap increases to £1,862 per year for the typical direct-debit household.
- The increase is £221 per year for the typical household.
- The figures cover typical gas and electricity bills under the price cap calculation.
- The change takes effect in July.
The current price cap for a typical household paying by direct debit for gas and electricity is £1,641
3 months agoThe energy price cap will be increasing to £1,862 a year for the typical household for people who pay by direct debit
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