Gas and electricity supplier E.ON is to increase prices for customers by an average of 3.7%, the energy firm announced today.
Chief executive Tony Cocker said changes announced by the Government earlier this week reduced the overall level of the rise that was necessary to cover extra costs.
The company said it was "working hard to limit the impact on its customers" by announcing a lower average percentage rise than any other major supplier.
It will see the average variable dual fuel bill go up by 3.7% or £48, electricity only prices go up by 3.7% or £20, and gas only climb by 4.6% or £37.
The changes will take effect from January 18.