Teesside households see energy bills rise as new price cap takes effect

Energy bills across Teesside have risen slightly this quarter, as gas and electricity costs continue to edge upwards.

Transcript

00:00In the north, gas prices sit at 6.29 pence per kilowatt hour, with a standing charge of 34.15 pence a day.

00:10Electricity costs 25.43 pence per kilowatt hour, with a 59.86 pence daily charge.

00:17For Teesside homes, the slight increase means higher bills heading into winter.

00:22The latest rise follows Ofgem's quarterly review, which sets the maximum amount energy suppliers can charge for each unit of energy.

00:29The typical household will see bills go up by around 2%, bringing the annual total to about £1,755.

00:37That works out as roughly £35 extra a year compared to the previous cap.

00:42Even 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 supplies stable.

00:59That's a perfect thing.