Energy regulator to wipe millions of debt with slight increase to bills

Sky News•Thursday, October 30, 2025 at 7:54:00 AM

Ofgem, the energy regulator, is set to cancel up to £500 million in energy bill debt, a move aimed at addressing the unprecedented levels of arrears faced by consumers. This decision is significant as it not only alleviates financial burdens for many households but also reflects a proactive approach to managing the energy crisis. While there will be a slight increase in bills to fund this initiative, the overall impact is expected to provide much-needed relief to those struggling with debt.

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