Every Monday we publish a short briefing on UK energy prices, supplier changes and ways to save. Catch up on past issues below.
The new Prime Minister has cut tax on household electricity bills, offering immediate relief. This comes as the current Ofgem price cap remains at £1,862 for Q3 2026. Households concerned about winter heating costs should check their eligibility for the 2026-27 Winter Fuel Payment.
A proposed energy bill overhaul could see households receive a discounted "block" of electricity and gas, with higher rates for usage above this threshold. While aimed at providing basic access, this system could mean increased costs for those with higher energy consumption. Understand your current usage to prepare for potential changes.
The Ofgem energy price cap for July–September 2026 is £1,862 a year for a typical dual-fuel direct-debit household. Wholesale gas has eased slightly and summer demand is lower, but winter risk remains. The next cap decision is due 26 August — a good week to check whether a fixed deal beats the cap.
Energy UK has proposed a roadmap to significantly cut domestic and non-domestic energy bills over the next five years. This initiative aims to achieve substantial savings for UK consumers. Global gas markets are seeing US LNG exports to Europe decline as Asian prices surge, potentially impacting future supply and pricing. Households should consider checking their current energy usage against their tariff to identify potential savings.
Energy price cap forecasts for Q3 2026 show a potential dip to around £1680, with best deals possibly reaching £1550. This is largely due to easing wholesale gas prices and lower summer demand. Consider checking your home's energy efficiency now to maximise savings during the milder months.
A new government plan aims to break the link between gas and electricity prices, potentially saving households £200 on their energy bills. This initiative could offer much-needed relief from rising costs. Additionally, allocating existing Warm Homes Plan funding could see 250,000 low-income households save up to £620 with direct home help. Explore your current energy usage and potential savings with our tools.
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