Households across Wales seeing see price rises for many essential services from lichfl share price today live Watch Video

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✓ Published: 02-Apr-2024

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Welsh households have seen a spike in essential bills from April 1st.<br/><br/>Now Council tax rates vary, but as an example of a massive jump in bills residents in Pembrokeshire are facing an over 11% hike. Additionally, water bills are set to climb by 6%, impacting budgets across Wales. The average household water and sewerage bill in Wales will rise to £473 a year. <br/><br/>Most broadband deals and mobile phone contracts will rise by what consumer group Which? has described as a “completely unacceptable” on average up by 7.9 per cent. Separately, the annual cost of a TV licence will rise to £169.50 from 1 April, up from £159, which viewers need to pay to watch or record live TV shows on any channel, regardless of the device used. This includes watching anything via BBC iPlayer. <br/><br/>However, amidst these impending increases, Ofgem's reduction in the energy price cap offers some relief. The regulator is dropping its price cap by 12.3 per cent from the current £1,928 for a typical dual fuel household in Wales to £1,690, a decrease of £238 over the course of a year, or around £20 a month.