Smallest UK Households Face Biggest Hike in Energy Price Cap

Ofgem price cap will rise to £1,928 in the first quarter
Households consuming least amount of energy could pay 27% more

Regulator Ofgem raised the national price cap for the first quarter of next year to £1,928, a 5% increase. — Regulator Ofgem raised the national price cap for the first quarter of next year to £1,928, a 5% increase.
Photographer: Yui Mok/PA Wire

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By Todd Gillespie

November 23, 2023 at 7:04 AM UTC

Updated on

November 23, 2023 at 11:10 AM UTC

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British households using the least amount of energy are set to pay the biggest rate increase this winter after the government ended support for people struggling through the cost-of-living crisis.

Regulator Ofgem raised the national price cap for the first quarter of next year to £1,928, a 5% increase from the current £1,834, according to a statement Thursday. The tariff is meant to represent an annual bill for a typical UK household.