Londoners still face some of the UK’s highest energy bills

Gas and electricity prices in the capital remain high, despite London having one of the lowest standing charges in the country.

Transcript

00:00In London, gas now costs 6.38 pence per kilowatt hour, with a daily standing charge of 34.57 pence.

00:08Electricity is 25.63 pence per kilowatt hour, with one of the lowest standing charges in the country, at 46.06 pence a day.

00:18Even so, the capital's households are still paying some of the highest total energy bills in Britain.

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.