Published On: Mon, Dec 30th, 2024

British Gas, EON, EDF, OVO and Octopus customers face £1,738 charges from January | Personal Finance | Finance


Customers of every major energy firm including British Gas,  E.On, EDF, OVO and Octopus Energy will face higher charges from January 1.

That’s because energy regulator Ofgem has announced a 1.2% price rise taking effect on January 1 for all customers not currently on a fixed rate tariff.

It means that the average cost of electricity and gas will be £1,738 a year for a typical use household from 2025, a £21 increase.

It comes just three months after Ofgem rose prices in October by 10%,…



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