Story perspectives
Energy Price Cap Rises Amid Record Household Debts
10/1/2025
49 4
1 of 1
Story summary
- The quarterly energy price cap in Great Britain rises 2% to £1,755, increasing bills.
- Bills remain nearly £600 higher than pre-Ukraine invasion levels despite falling wholesale prices.
- Ofgem added £50 to the price cap to help suppliers manage unpaid debts.
- Households owe a record £4.4 billion in energy debts, with 1.13 million electricity and 926,000 gas arrears rising.
