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Energy bills are set to soar to a three-year high, with the price cap rising by £60 annually—£5 more per month—pushing average dual-fuel bills to £1,723. Thanks to a government VAT cut on electricity, the hike could’ve been far worse, especially as winter looms. Families are feeling the squeeze, but there’s relief: fixed-rate deals can save up to £100, and smart meters paired with off-peak usage offer even cheaper rates. The government is also expanding programs like the Warm Home Discount and pushing for home upgrades to slash energy use and tackle fuel poverty long-term.
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