The burden many UK households will have to bear this winter has become apparent with yet another increase of the Energy Price Cap in January 2025. Find out more below.
Another Blow: Energy Price Cap Rises Again
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A heavy burden for UK households
With plummeting temperatures and shorter winter days, the comfort of a warm home becomes not just a luxury, but a necessity. Yet, for millions across the UK, that necessity is becoming less and less accessible. The recent announcement of yet another increase in the Energy Price Cap from Ofgem feels like a gut punch to households already struggling to stay afloat.
The Energy Price Cap, designed to protect consumers from excessive costs, has instead become a grim reminder of how much more we will have to pay just to meet basic needs. This latest increase is not just a number—it’s a real and painful blow to families, single parents, pensioners, and anyone living on a fixed income.
The impact of rising costs
Ofgem recently announced that the Price Cap will increase by an additional 1.2% in January 2025, driving the price up to £1,738 per year.
The severity of this news will force many people to face difficult choices this winter, such as choosing between keeping their homes warm and comfortable or providing enough food for themselves and their families.
Elderly individuals and low-income households will be direly affected by this price rise. Especially with the lack of much-needed government support via the winter fuel payments, many people are likely to experience severe mental strain and uneasiness about their wellbeing. A cold home can have serious health consequences, including respiratory illnesses and worsening heart conditions.
Facing the winter months together
Viridian operates under the Great British Insulation Scheme (GBIS) which provides the opportunity for free or partially funded home insulation works if you are eligible.
Insulation has always been a desirable long-term investment for many of our customers to ensure their annual fuel bills remain low and home – warm. The process is stress-free, with no fuss and mess, and it doesn’t have to cost much, especially if you are eligible for funding.
