Here’s how much your bills will go up after the energy price cap increases

The energy price cap is increasing as colder temperatures cover the UK.

Between January 1 and March 31 next year, the cap will rise by 0.2% across England, Scotland and Wales, Ofgem has said.

This will mean an increase of 28 pence to a typical household who pays for electric of gas by direct debit.

How much will you pay with electric rates?

If a household is on a default tariff, they will pay on average 27.69 pence per kilowatt hour (kWh).

Based on the average across the UK, the daily standing charge is 54.75 pence per day.

This includes VAT at 5%.

How much will you pay with gas rates?

If a household is on a default tariff and pay via direct debit, they will pay on average 5.93pence per kilowatt hour (kWh).

Based on the average across the UK, the daily standing charge is 35.09 pence per day.

This includes VAT at 5%.

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