Have your say! Do you worry about the rising energy price cap in cold weather?

The energy regulator Ofgem has delivered more bad news for British households - the energy price cap will be going up again at the start of the new year. This comes on the heels of a hefty 10% bump last time the energy price cap was changed, and with the cold weather just beginning, it's bad news for your wallet.

Have your say! Do you worry about the cost of heating your home? Do you have any tips to share on reducing your costs? Who is your supplier, and would you recommend them to anyone switching? Comment below, and join in on the conversation.

The energy price cap will be rising by 1.2%, come January 1 2025. The Mirror reports that this will see the average dual-fuel household's bills go from £1,717 a year to £1,738.

READ MORE: Excitement seeing Starlink satellites over Hull - here's the best time to spot them

READ MORE: Dunelm's faux fur rug that 'feels like heaven' is on sale

This price bump will come into effect during the coldest months of the year, and at a time in which many pensioners will no longer receive the Winter Fuel Allowance. This was up to £300 to help with heating costs, but will now be means-tested.

Bills are still based on the amount of energy that you use - the price cap changes the unit price, as well as the daily standing charge for supplying power to your home. This means that any energy-saving measures you can use will make an impact, such as turning off the heating when you aren't in your house.

Tim Jarvis, director general of markets at Ofgem, said: "While today's change means the cap has remained relatively stable, we understand that the cost of energy remains a challenge for too many households. However, with more tariffs coming into the market, there are ways for customers to bring their bill down so please shop around and look at all the options."

"Our reliance on volatile international markets - which are affected by factors such as events in Russia and the Middle East means the cost of energy will continue to fluctuate. So it's more important than ever to stay focused on building a renewable, home-grown energy system to bring costs down and give households stability."

"In the short term though, anyone struggling with bills should speak to their supplier to make sure they're getting the help they need and look around to make sure they're on the best, most affordable deal for them."

Have your say! Do you worry about the cost of heating your home? Do you have any tips to share on reducing your costs? Who is your supplier, and would you recommend them to anyone switching? Comment below, and join in on the conversation.