The cost of energy is set to rise from January 1 after Ofgem increased the energy price cap. The energy price cap is the maximum amount energy suppliers can charge you for each unit of energy and standing charge if you're on a standard variable tariff.

Bills were expected to fall next year, with energy pundits predicting a drop of around £22 a year. Instead, they’re going up, albeit by just £3.36 a year for the average dual fuel user, an increase of 0.2%.

The typical dual-fuel household will now pay £1,758 per year for their energy from January 1, 2026. That’s up from £1,755 based on the cap set on October 1, 2025. This interactive requires javascript to work. Interactive

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