How will energy prices change? - Money Saving Expert
Article Summary
- Key point
- The Energy Price Cap is set to increase by 13% on July 1st, pushing typical household bills to £1,862 annually. This rise will impact millions of UK households.
- Why it matters
- May add upward pressure to household energy bills.
- Expected impact
- Likely negative impact — Signals tightening or strain in the UK energy market.
The Energy Price Cap is set to increase by 13% on July 1st, pushing typical household bills to £1,862 annually. This rise will impact millions of UK households.
What This Means
This significant price cap increase is unwelcome news for UK bill-payers, marking a return to higher energy costs after a period of relative stability. We expect this will put further strain on household budgets already squeezed by inflation. Consumers should review their energy usage and consider fixed tariffs if they can find competitive rates, though the market remains volatile.
- Consumers: May add upward pressure to household energy bills.
- Businesses: Could raise energy costs or operational risk for businesses.
- Energy market: Signals tightening or strain in the UK energy market.
From The Source
MoneySavingExpert · 10 June 2026
This summary and analysis is based on reporting from MoneySavingExpert. Read the full original article on their website.
Read on MoneySavingExpertRelated Guides
Go deeper on the topics in this story.
Are Your Energy Bills Too High?
Six reasons UK bills run high — and how to fix each one.
Read Guide GuideHow to Read Your Energy Bill
Decode every line on your gas or electricity bill.
Read Guide GuideCan I Challenge an Estimated Energy Bill?
How to dispute an estimated bill and get billed on real readings.
Read Guide GuideHow Suppliers Calculate Monthly Payments
Why your direct debit is what it is — and how to get it corrected.
Read GuideRelated Calculators
Put the numbers to work for your own home.
Energy Bill Calculator
Estimate your full annual bill from kWh usage, unit rate and standing charge.
Launch Calculator CalculatorStanding Charge Calculator
Work out your annual standing charge and compare supplier figures.
Launch Calculator CalculatorShould I Switch Energy Supplier?
Decision framework: is switching worth it right now?
Launch CalculatorJoin The Free UK Energy Briefing
Receive weekly updates on energy prices, supplier changes, standing charges, power cuts and major UK energy developments.
No spam. Unsubscribe anytime.
Compare Related Suppliers
How the suppliers in this story score on our intelligence dashboard.
British Gas
DecliningThe UK's largest supplier remains financially rock-solid but service and complaint metrics continue to lag the market, with sma…
Compare SupplierEDF Energy
StableEDF is a steady, financially robust supplier with mid-table service and fair fixed-tariff renewals.
Compare SupplierOctopus Energy
ImprovingOctopus continues to lead the UK market on customer service and complaint handling, backed by genuinely competitive smart tarif…
Compare Supplier