nuclear-news

Energy bills to rise on New Year’s Day ‘to fund nuclear in England’

31st December 2025, By Xander Elliards, Content editor

ENERGY bills are set for a slight rise on New Year’s Day as the price cap
increase comes into effect. The 0.2% uplift to Ofgem’s energy price cap
will see an average overall bill of £1758 a year for the average household in England, Wales and Scotland remaining on a standard variable tariff, up
from the current £1755.

While only a small increase, it is £190 higher
than the £1568 average bill in place in July 2024 – when Labour came to
power pledging to cut costs by £300 a year. Regulator Ofgem said
Thursday’s increase in the cap, which was announced in November, was
being driven by the funding of nuclear power projects and discounts to some
households’ winter bills. This included funding the Government’s
Sizewell C nuclear power plant in Suffolk – with an average of £1 added
to each household’s energy bills per month for the duration of the £38
billion construction.

 The National 31st Dec 2025,
https://www.thenational.scot/news/25732168.energy-bills-rise-new-years-day-to-fund-nuclear-england/

January 3, 2026 - Posted by Christina Macpherson | ENERGY, politics, UK