UK Energy Prices Increase on October 1st – What it Means for You
As of October 1st, 2024, UK households will see electricity prices rise from 22.36p/kWh to 24.50p/kWh under the new Energy Price Cap. This 9.5% increase adds to the growing cost-of-living pressures many are already feeling. Even a slight increase can have a big impact on household budgets, making it more important than ever to focus on energy efficiency. To put things in perspective, back in 2010, electricity was just 12p/kWh – half of what it costs now! Even in 2021,
