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UK Energy Bills Rise Amid Costly Policy Overhaul

11/24/2025

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Story summary
  • UK energy bills rise 0.2% in January due to costly government policies, despite wholesale price declines.
  • The rise funds the overhaul of the electricity system, including the Sizewell-C nuclear plant.
  • Chancellor Rachel Reeves plans to address household costs in the budget.
  • The energy price cap will rise to £1,758 from January 1.