Energy regulator Ofgem announces 13% increase for energy bills
On 27 May energy regulator Ofgem announced that it will raise the energy price cap for 1 July to 30 September 2026 by a massive 13%. That’s the sharpest hike in household energy prices of any summer in the past four years. Bill-payers under the cap will now pay the equivalent of £1,862 a year from 1 July to 30 September for gas and electricity. That’s up from the current equivalent of £1,641 a year – an increase of around £18 a month, based on typical use. The cap applies to anyone on the default payment plan, rather than a fixed-rate…
