All the key dates you need to know in 2025 to save money on your energy bills
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Following the Ofgem price cap increase as we enter 2025, further blows to households are expected in Spring as a year of energy price changes await. Although not all costs have yet been announced, you can pencil the key dates you should be aware of into your calendar now, ahead of time to help you budget and prepare.
As of January 1, the price cap increased by 1.2 per cent to £1,738 per year. The Ofgem price cap is updated every three months, and Cornwall Insight currently predicts it will rise to £1,783 a year - up almost 3 per cent. On the April 1, July 1, and October 1, households will see a change in their energy bills. These caps are usually determined 4-5 weeks beforehand and can be found on the Ofgem website, with April’s announcement to be expected from the last week of February.
The price cap is used to show how much a typical family with a dual fuel tariff who pays via direct debit could expect to spend on their energy bill each year. But the exact amount you will pay each month will depend on your usage and can be higher or lower than the cap.
January 20 is the beginning of Energy Savers Week -dedicated to saving money on your energy bills. Homeowners should look for tips and incentives from energy companies during this week. Turning off standby. These include: turning off lights; using fewer laundry cycles, using a tap aerator, turning devices off at the socket and changing bulbs to LED models.
On February 5 the UK government will take part in the National Climate Change Conference 2025. Businesses and homeowners can hear the latest guidance and policies from the Labour government and keep an eye out for any changes that may be made in upcoming months.
