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UK Energy Bills Set to Rise by £332 in July

3/20/2026

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Story summary
  • Cornwall Insight forecasts the UK price cap will rise by £332 in July due to ongoing conflicts in the Middle East, lifting dual-fuel household bills to £1,973.
  • Bills previously decreased from April 1 by £117 due to removal of green levies.
  • The government is considering targeted support for vulnerable households amid political pressure.
  • Heating oil prices have surged from 60p to over £1.31 per litre, heightening vulnerability for households reliant on heating oil.