Energy bills set to rise after Christmas

Gas and electricity bills will become more expensive in January after the energy regulator Ofgem announced an increase in its latest price cap decision. It will rise to £1,738 from the current level of £1,717 - an increase of 1.2%. Every three months, energy regulator Ofgem revises the cap based on wholesale costs. #fuelcosts #skynews #costofliving Read more here: https://news.sky.com/story/money-news-latest-personal-finance-consumer-black-friday-live-13040934 SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales