How much will utility bills cost this year? Many are asking the same question as living costs have risen to record heights for millions of households across the UK.
Ofgem’s energy price cap, the maximum amount an electricity or gas supplier can charge an average customer per year, has jumped from £1,277 to £1,971 since the start of April.
Most UK broadband providers have opted to increase their prices in line with the Consumer Price Index (CPI) rate of inflation, which recently hit a three-decade-high of 5.4 per cent.
So how much higher will your utility bills be in 2022?
Here’s our estimation:
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Gas & Electricity |
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Household size |
Estimated usage |
Expected monthly bill |
|
|
1-2 bedrooms |
8000kwh Gas, 2000Kwh Electric |
£111.85 |
54% increase/ £693 per year on average |
|
3 bedrooms |
12500kwh Gas, 3100Kwh Electric |
£164.39 |
|
|
4+ bedrooms |
18000kwh Gas, 4600Kwh Electric |
£232.18 |
|
|
Water |
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|
Household size |
Expected monthly bills |
1.7% increase/ £7 per year on average |
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|
1-2 persons |
£25-33 |
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|
3-4 persons |
£30-49 |
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|
5+ persons |
£32-60 |
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|
Broadband only |
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|
Usage and Speed |
Expected monthly bills |
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Low |
£20-25 |
|
Average |
£30-35 |
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High |
£35-50 |
|
Broadband & TV |
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|
Usage and Speed |
Expected monthly bills |
£42 increase per year on average |
|
Low |
£40-50 |
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|
Average |
£40-60 |
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|
High |
£55-100 |
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Households who pay Council tax will see an average increase of 3.5% or around £67 a year, with at least 86 Councils increasing rates by more than 4%. In London, Band D council tax bills are increasing by an average of 2.4%.
An increase in your Council Tax does not mean the biggest bills – in fact, despite an increase of 4.4% this year Band D households in Westminster are still paying the lowest Council Tax bills in the country within their band.
Want to check how your Council Tax bill will change? Check your council tax band here, or if you know your band already you can find out how much you’ll have to pay:
