The UK government will increase the energy price cap on July 1, 2026, due to rising delivery costs. This change affects all energy providers and is linked to recent geopolitical events, specifically the U.S. war with Iran. The local energy company has announced an additional charge, raising bills by approximately £400 annually.
Higher energy bills will affect 30 million UK households as the energy regulator raises the price cap starting July 1, resulting in a nearly 13% increase in gas and electricity costs. The conflict in Iran is driving these rising costs, leading to an annual bill of £1,862, an increase of £221.
Gas and electricity prices are set to rise from Thursday, 1 January, meaning households across the UK could soon see higher bills. If you don’t have a smart meter or on fixed rates, this week is the ideal time to submit your meter readings to your energy supplier. Doing so helps ensure your usage is billed accurately at the […]
For almost all of us, electricity and gas tariffs are going up massively from midnight tonight. As April arrives, some bills are going up as much as 54% with the average household expected to see a monthly increase of around +£60. Suppliers websites have crashed today as consumers rush to phone in their meter readings […]
Customers throughout Scotland face a new wave of energy price hikes, as Scottish Power and Scottish Gas announce they’re increasing their standard variable tariffs. The move comes after Ofgem recently ‘upped’ the price cap. Scottish Gas is raising prices by whopping 10.5%, which will see the average dual fuel bill increase by £119.12 a year, […]