Highest energy bills in Europe as costs rise again

Written by David Fletcher 27 Feb 2025
Highest energy bills in Europe as costs rise again

Despite government pledges to lower the cost of living, UK energy bills remain the highest in Europe, as households face another price hike. From April to July, Ofgem’s energy price cap will increase by 6.4%, pushing the average annual bill to £1,847 - a rise of £111 per year. Although wholesale energy prices have dropped due to potential peace talks between Russia and Ukraine, Europe’s gas reserves have been depleted following a cold winter, keeping costs high. Energy firms are offering fixed-rate deals, but experts warn that locking in a contract may prevent customers from benefiting if prices fall later. With 90% of UK households still on standard variable tariffs, millions remain vulnerable to rising costs. The Government insists its plan to make Britain a clean energy superpower will bring long-term relief, but for now, families continue to struggle with rising bills.

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