Energy bills to rise by more than expected ahead of winter

The UK's energy regulator, Ofgem, has announced that energy bills for households are set to rise by more than previously expected. The typical household energy bill is now expected to increase by £35 per year, which is double the amount analysts had predicted. This unexpected rise in energy bills comes as the UK prepares for the winter months, when energy usage typically increases. The higher-than-expected increase is attributed to the ongoing global energy crisis, which has led to a surge in wholesale gas prices. The news is likely to be a significant concern for many households, particularly those on lower incomes, as they grapple with the rising cost of living. Ofgem has stated that it is working to ensure that energy suppliers provide support to customers who may struggle with the increased costs. Overall, the rising energy bills highlight the ongoing challenges faced by both consumers and policymakers as they navigate the complex and volatile energy landscape.