#energyPriceCap

South Wales electricity bills surge 154% since 2008, new figures show

Households across South West Wales are being hit with record energy costs this autumn, as the latest Ofgem rates confirm standing charges at unprecedented levels and long‑term analysis shows bills have risen more than 150% since 2008.

The average domestic electricity bill in South Wales has climbed from £444 in 2008 to £1,129 in 2024, according to UK Government data analysed by OHMS Renewables. That’s an increase of over £680 in just 16 years, leaving families in Swansea, Neath Port Talbot, Carmarthenshire, Pembrokeshire and Bridgend struggling to absorb the extra costs.

Direct Debit customers — the majority of households — have seen bills climb by 168%, while prepayment customers, often among the most financially vulnerable, have still faced rises of 132%.

South Wales electricity bill increases (2008–2024)

Bill Type2008 (£)2024 (£)% IncreaseCredit4551178158.9Direct Debit4221133168.4Prepayment4571060131.9Overall4441129154.2

OHMS Renewables energy analyst, David Walker said:

“Households are paying far more today for the same level of consumption. Although price caps and efficiency measures have provided some protection, the underlying trend remains deeply concerning.”

Current costs in South Wales (Oct–Dec 2025)

Gas unit rateGas standing chargeElectricity unit rateElectricity standing charge6.46p per kWh34.30p per day26.83p per kWh51.69p per day

The Energy Price Cap rose by 2% on 1 October, setting the average annual dual‑fuel bill for Direct Debit households at £1,755, up from £1,720. The increase was largely driven by higher standing charges — the fixed daily costs just for being connected — which now average £320 a year for Direct Debit customers, up from £296. That’s what households pay before they even switch on a light or boil a kettle.

Regional disparities

Across the UK, bills have risen by an average of 163% since 2008. But South Wales households are among those hit hardest, with only Northern Scotland and North Wales seeing sharper increases. Factors such as rural grid maintenance costs, higher heating demand in coastal areas and limited access to competitive tariffs are thought to contribute to the sustained rises in Wales.

Coping with costs

Experts say households can take steps to manage bills, including:

  • Switching from prepayment to direct debit where possible
  • Choosing fixed‑rate tariffs for stability
  • Improving insulation and draught‑proofing
  • Upgrading to energy‑efficient appliances
  • Checking for support schemes such as ECO4

#directDebit #electricBill #electricity #electricityBill #energy #energyPriceCap #energyEfficiency #fixedRateTariff #Ofgem #StandingCharges

couple looking at their bills
Rab Bruce’s SpiderRabBrucesSpider1@mastodon.scot
2024-10-02
Lazarou Monkey Terror 🚀💙🌈Lazarou
2024-10-01

Oh look, something else the new Labour government will disappoint us on...can't imagine why they're doing so poorly in the Polls....

theguardian.com/money/2024/oct

This account has movedemsquared
2024-05-24

The announced energy price cap lowering for July calculations say that I'll pay a whopping £2 less a month until prices inevitably rise in October. Be still my beating heart.

SubtleBlade ⚔️SubtleBlade@mastodon.scot
2024-03-30

#EnergyBills: #StandingCharges are not standing still

Despite a 12.3% cut in April’s #EnergyPriceCap, there is an important fixed element in your bill that is rising again
theguardian.com/money/2024/mar
#ToryPoliciesInAction #Privatisation #Greed

2024-03-28

UK households urged to submit meter readings ahead of energy price cut

Martin Lewis among those encouraging consumers to make a note so they do not overpay when cap reduce

Millions of households are being urged to submit meter readings to their energy supplier this weekend to ensure they do not overpay when cheaper prices come in on Monday.

theguardian.com/money/2024/mar

#EnergyPrices #EnergyPriceCap #electricity #gas #utilities

Tony WellsTonyJWells
2024-03-16

The UK 'energy price cap' is reducing in April, so bills are expected to go down.

But... for me, my My estimated saving is tiny, because...

"Gas standing charge increased from 14.799p 31.624p per day. "

2023-09-29

This is what you tory voting bastards voted for. Vote greed, get greed. Vote corrupt, get corrupt. Vote cruel, get cruel. New #EnergyPriceCap is "37% of the state pension...and an even bigger proportion of somebody on Universal Credit...This is a catastrophe! Plain and simple this is unaffordable...Lives will be lost this winter!"
- Martin Lewis #GTTO

2023-08-25

Households to pay more for energy than they did last winter despite lower price cap, research shows | The Independent
independent.co.uk/news/uk/home

#Energy
#EnergyPrices
#EnergyPriceCap
#CostOfLivingCrisis

2023-05-25

RT from Telegraph Money (@MoneyTelegraph)

The fall in #energy prices will come as a welcome relief to households, struggling with soaring #inflation and #interestrates. However, the new price cap is still 80pc higher than the average bill 2 years ago.

#energypricecap #ONGT
telegraph.co.uk/money/consumer

Original tweet : twitter.com/MoneyTelegraph/sta

Paul 🏳️‍🌈 🇺🇦🇵🇸wisteela@mastodonapp.uk
2023-05-25
Paul 🏳️‍🌈 🇺🇦🇵🇸wisteela@mastodonapp.uk
2023-05-25

Energy price cap: What is it and will bills continue to go down?
bbc.co.uk/news/business-580905
#EnergyPriceCap #CostOfLiving #EnergyPrices #EnergyBills

2023-05-25
2023-02-28

Energy giants could be forced to return millions of pounds held in customer accounts | The Independent
#EnergyCompanies
#Energy
#EnergyPriceCap
#Ofgem
independent.co.uk/news/uk/poli

Jonathan WrightJon6705@mastodon.world
2023-02-27

Ofgem sets new price cap prompting calls for energy bill help

bbc.co.uk/news/business-647481

What a waste of space Ofgem are.

Given the price of gas, the cap could have at the very least been left unchanged, if not cut, rather than increased.

We've all been paying over the odds for months already here in the UK.

#Ofgem #EnergyCrisis #CostOfLivingCrisis #EnergyPriceCap #UKEnergy

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