- Ofgem has confirmed that energy bills for UK households will increase by £35 from October, raising the average annual bill from £1,720 to £1,755.
- This 2 per cent rise contradicts earlier predictions of a price fall and follows a previous reduction in July.
- A portion of the increase is attributed to the expansion of the Warm Home Discount scheme, which will add approximately £15 to a typical bill while supporting 2.7 million vulnerable households.
- Wholesale energy prices remain volatile due to global political instability and uncertainty surrounding US trade policy.
- Experts and officials acknowledge the burden on consumers, particularly lower-income households, and stress the need for long-term solutions like homegrown clean energy to stabilise prices.
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