Energy price cap to rise again in early 2025
The energy price cap increased in October and is expected to rise again in January. Fixed energy tariffs may offer lower costs during colder months for some consumers.
Why it matters
Eligibility depends on current energy provider and contract terms; savings vary by region and usage.
Price cap increase timeline
The price cap was raised on October 1 and is predicted to increase again in January.
Common questions
When will the next energy price cap increase happen?
The next increase is predicted to occur in January.
Can fixed energy tariffs help reduce costs?
Fixed tariffs may offer lower costs during colder months for some consumers.
Sources
- Energy bills are expected to surge in 2027: Here's how to lock in a cheaper fixed energy tariff This is Money · thisismoney.co.uk
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