Cardiff homes see small rise in energy bills under new price cap

Households across South Wales are facing slightly higher gas and electricity costs as the latest Ofgem price cap takes effect.

Transcript

00:00Energy users in South Wales are paying 6.46 pence per kilowatt hour for gas, with a standing charge of 34.30 pence per day.

00:10Electricity costs 26.83 pence per kilowatt hour, and there's a 51.69 pence daily standing charge.

00:18For Cardiff homes, that means bills have crept up slightly as colder months approach.

00:23The latest rise follows Ofgem's quarterly review, which sets the maximum amount energy suppliers can charge for each unit of energy.

00:30The typical household will see bills go up by around 2%, bringing the annual total to about £1,755.

00:38That works out as roughly £35 extra a year compared to the previous cap.

00:43Even with the increase, bills remain around £625 lower than they were at the height of the energy crisis in early 2023.

00:51Ofgem says the change reflects higher costs of transporting energy across the network as operators adjust prices to keep supply stable.