Tyne and Wear homes face higher energy bills this autumn

Households in the North East are paying more for gas and electricity under the latest Ofgem price cap, adding pressure to budgets.

Transcript

00:00Households in the North East are now paying 6.29 pence per kilowatt hour for gas, with

00:06a standing charge of 34.15 pence. Electricity costs 25.43 pence per kilowatt hour, and the

00:13standing charge is 59.86 pence a day. For people in Tyne and Weir, it's a small rise,

00:19but still one that adds pressure to monthly budgets.

00:23The latest rise follows Ofgem's quarterly review, which sets the maximum amount energy

00:27suppliers can charge for each unit of energy. The typical household will see bills go up by

00:32around 2%, bringing the annual total to about £1,755. That works out as roughly £35 extra a

00:40year compared to the previous cap. Even with the increase, bills remain around £625 lower than

00:47they were at the height of the energy crisis in early 2023. Ofgem says the change reflects higher

00:54costs of transporting energy across the network as operators adjust prices to keep supplies

00:59stable.