Tehuty News
  • Login
  • Home
  • News
  • Sport
  • Reel
  • World

    Trump to meet Venezuela’s María Corina Machado on Thursday

    Iran warns it will retaliate if US attacks, as hundreds killed in protests

    Bob Weir, Grateful Dead co-founder, dies aged 78

    Video filmed by ICE agent who shot Minneapolis woman emerges

    Huge anti-government protests in Tehran and other Iranian cities, videos show

    Trump calls for US military spending to rise more than 50% to $1.5tn

    The painful questions for Nato and the EU if Trump takes Greenland

    South Korea’s Lee Jae Myung seeks ‘new phase’ in ties with China at Xi Jinping meeting

    Trump warns new Venezuelan leader as Maduro set to appear in court

  • Worklife
  • Travel
  • Future
  • More
    • Culture
    • Music
10 °c
London
15 ° Thu
16 ° Fri
8 ° Sat
7 ° Sun
No Result
View All Result

Welcome to Tehuty News

Wednesday, January 14, 2026
Tehuty News
  • Home
  • News
  • Sport
  • Reel
  • World

    Trump to meet Venezuela’s María Corina Machado on Thursday

    Iran warns it will retaliate if US attacks, as hundreds killed in protests

    Bob Weir, Grateful Dead co-founder, dies aged 78

    Video filmed by ICE agent who shot Minneapolis woman emerges

    Huge anti-government protests in Tehran and other Iranian cities, videos show

    Trump calls for US military spending to rise more than 50% to $1.5tn

    The painful questions for Nato and the EU if Trump takes Greenland

    South Korea’s Lee Jae Myung seeks ‘new phase’ in ties with China at Xi Jinping meeting

    Trump warns new Venezuelan leader as Maduro set to appear in court

  • Worklife
  • Travel
  • Future
  • More
    • Culture
    • Music
No Result
View All Result
Tehuty News
No Result
View All Result
Home Business

Energy bills forecast to rise by £85 a year

February 18, 2025
in Business
4 min read
322 3
0
354
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Domestic energy prices are forecast to rise by 5% from April, adding £85 a year to household bills, according to consultancy Cornwall Insight.

The forecaster, which is widely regarded for its accurate predictions, said a household using a typical amount of gas and electricity would pay £1,823 a year.

The figures emerged as Energy Secretary Ed Miliband wrote an urgent letter to Ofgem, the regulator which sets the price cap, asking it to move quickly to protect consumers.

The predicted higher prices will take effect at the same time as increases to water and council tax bills in April.

However, minimum wage levels will also go up while benefits and the state pension will increase.

Cornwall forecasts that the price cap will rise from its current level of £1,738 per year for a typical household.

Higher household bills are likely to add pressure to the government who are already facing criticism for removing the winter fuel allowance from elderly people not claiming the pension credit or other means-tested financial support.

Ofgem will announce the official new energy price cap level on 25 February, which will affect homes in England, Wales and Scotland.

The predicted rise will come as the days get lighter and warmer, when energy use tends to fall.

Cornwall say the hike is due to a combination of colder weather and a fall in gas storage levels across Europe, which has led to a sharp rise in wholesale prices.

Bills are about 50% higher than pre-Covid levels, but remain below the peak reached in 2022 when Russia’s full-scale invasion of Ukraine caused energy prices to spike.

The price cap affects 26 million households on default, variable tariffs and is set every three months by Ofgem.

While the cost of each unit of gas and electricity is capped, the total bill is not, so household bills will vary depending on how much energy is used.

The regulator illustrates the cap by showing the impact on the annual bill of a household with typical energy usage.

In January, there was a 1.2% rise – which worked out as £1.75 extra a month compared with the previous cap.

A period of high prices means households have collectively built up debt of £3.8bn to suppliers.

The average household in arrears owes more than £1,500 for electricity and £1,300 for gas.

A rise in the energy cap would mean a third successive increase in energy bills at a time of year when the weather starts to get warmer and households would usually hope to see a reprieve in costs.

National Energy Action (NEA), a charity aimed at helping people struggling with energy bills, said it will feel like an “interminable winter” for many.

“There is no getting used to this new normal for the people we try to help,” said NEA’s chief executive Adam Scorer.

“Millions of the most vulnerable households are struggling with debt and severely rationing their heating.”

The Energy Savings Trust said changes to how buildings are insulated helps to lower bills.

The trust’s head of policy, Stew Horne, said: “We’re urging policymakers to put in place clear, actionable steps to help people upgrade their homes to make them warmer and more affordable to heat.”

He suggested setting up a national retrofit advice service to “enable people to feel confident to install measures, such as insulation and draught proofing”.

In his letter to the regulator, Miliband asked the Ofgem chief executive to set out faster means it can pursue to ease the pressure of the “rollercoaster” of global gas markets.

“In recent months we have seen once again the dangers for our country of being exposed to fossil fuel markets controlled by petrostates and dictators,” he wrote.

“Once again, the British people and British businesses will face the consequences of fossil fuel markets we do not control,” he added.



Source link

Related posts

Why more CEOs are sharing the top job

January 13, 2026

Why luxury carmakers are now building glitzy skyscrapers

January 12, 2026
Previous Post

Where Can I Watch Vigil BBC In USA? – The Documentary Reel

Next Post

Emma Raducanu: British player targeted by man who ‘exhibited fixated behaviour’

Next Post

Emma Raducanu: British player targeted by man who 'exhibited fixated behaviour'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

BBC Kids – Reel Late Movies Promo

5 months ago

Starlink: Why is Elon Musk launching thousands of satellites?

3 years ago

Dan Ashworth in discussions over potential FA return

10 months ago

40 million T-Mobile customers hit by US data breach

4 years ago

FOLLOW US

  • 138 Followers
  • 79.6k Followers
  • 207k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Have your say
  • In Pictures
  • Politics
  • Reel
  • Sports
  • Technology
  • Top News
  • World

BROWSE BY TOPICS

America animation B.B.C. bbc B B Ci Player BBC iPlayer bbcnews BBC NEWS bbcreel BBC Reel breaking news British TV british tv shows documentaire documental documentaries documentary documentary film facts factual features free documentary full documentary funny History india India news iPlayer music NEWS physics reel science Streaming top documentaries TV United Kingdom usa us news Video watch british tv online watch british tv shows online watch uk tv online World world news

Top Stories

  • Net-zero heralds a new industrial revolution, says CBI boss

    359 shares
    Share 144 Tweet 90
  • Benefits changes mean a million people will lose thousands

    352 shares
    Share 141 Tweet 88
  • Putin calls for ‘direct’ and ‘immediate’ talks with Ukraine

    353 shares
    Share 141 Tweet 88
  • Oil prices plunge as UAE supports supply boost

    352 shares
    Share 141 Tweet 88
  • Man City 0-2 Bayer Leverkusen: Did Pep Guardiola make too many changes?

    351 shares
    Share 140 Tweet 88

Features

Business

Why more CEOs are sharing the top job

by admin
January 13, 2026
0

MaryLou CostaTechnology ReporterBoard IntelligenceCo-chief executives Jennifer Sundberg (left) and Pippa BeggFor almost 16 years, Pippa Begg ran Board Intelligence...

Read more

Reel BC Shimano suara desinganya bikin Candu #shorts #fyp

January 13, 2026

X could ‘lose right to self regulate’, says Starmer

January 13, 2026

How Adelaide Writers’ Week imploded after axing Palestinian author

January 13, 2026

Trump to meet Venezuela’s María Corina Machado on Thursday

January 13, 2026

Recent News

  • Why more CEOs are sharing the top job
  • Reel BC Shimano suara desinganya bikin Candu #shorts #fyp
  • X could ‘lose right to self regulate’, says Starmer
Tehuty News

Breaking news, sport, TV, radio and a whole lot more.
Tehuty News, educates and entertains - wherever you are, whatever your age.

Follow us on social media:

Category

  • Business
  • Have your say
  • In Pictures
  • Politics
  • Reel
  • Sports
  • Technology
  • Top News
  • World
  •    If you re feeling guilty  there s probably a reason   Watch Love Life on iPlayer   LoveLife  bbciplayer  iplayer
  • When a series of disturbing incidents plagues an insular fishing community  a young man must wrestle with something entirely unexpected      Watch The Terror  Infamy on iPlayer from tonight at 9pm    TheTerrorInfamy  theterror  bbciplayer  iplayer  drama  horror  supernatural
  •  thebodycoach explores how his parents    mental health struggles shaped him in a new documentary  executive produced by  officiallouistheroux  Watch Joe Wicks  Facing My Childhood on iPlayer from 16 May  If you  or someone you know  has been affected by any of the issues in Joe Wicks  Facing My Childhood  the following organisations may be able to help  https   bbc in 3LPZ5xI   JoeWicksFacingMyChildhood  bbciplayer  iplayer  MentalHealth  JoeWicks  TheBodyCoach
  • Ten Dancers  One Iconic Stage     Who will be crowned BBC Young Dancer 2022   BBC Young Dancer  The Final  Saturday 7 May at 7pm  bbctwo  Series catch up on  bbciplayer   bbc  bbcarts  arts  dance  dancing  dancer  dancers  youngdancer  youngdancer2022  bbcyoungdancer2022
  • Election 2022  What does it all mean  Laura Kuenssberg and Chris Mason discuss  Newcast   Listen on BBC Sounds
  • Five home bakers compete in a national competition to create a pudding fit for the Queen  hoping to be crowned winner of the jubilee pudding           Watch The Jubilee Pudding  70 Years in the Baking on iPlayer from 12 May   bbc  bbciplayer  jubilee  platinumjubilee  royalfamily  thequeen  jubileepudding
  • The one and only Polly Gray  forever in our hearts and minds          Watch Peaky Blinders on iPlayer   PeakyBlinders  PollyGray  iPlayer  BBCiPlayer    Drama
  • Accurate depiction of dating in your thirties     Watch Gentleman Jack on iPlayer   GentlemanJack  bbciplayer  iplayer  dating
  • What s a jazz album you think people should check out         gregoryportermusic   palomafaith and  yolandabrown have each recommended a great jazz record for you to try

Recent News

Why more CEOs are sharing the top job

January 13, 2026

Reel BC Shimano suara desinganya bikin Candu #shorts #fyp

January 13, 2026
  • Home
  • News
  • Sport
  • Reel
  • World
  • Worklife
  • Travel
  • Future
  • More

© 2020 Tehuty News

  • Home
  • News
  • Sport
  • Reel
  • Travel
  • WorkLife
  • Future
  • World
  • Technology
  • Login

© 2020 Tehuty News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In