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Ofgem price cap will see annual household energy bills rise by £21 from New Year’s Day
Ofgem has announced household energy bills will rise slightly by 1.2 per cent from New Year’s Day. The sector regulator confirmed on Friday morning that annual energy bills for millions of households on the standard tariff, with typical average usage, will rise from £1,717 to £1,738 from January 1 - an increase of £21 over the coming year (£1.75 per month).