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UK Energy Bills Expected to Rise Over £300 to £1,973

3/21/2026

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Story summary
  • Cornwall Insight projects UK energy bills will rise by over £300 to £1,973.
  • The rise follows a £1,641 April low and is driven by wholesale gas prices.
  • The Department for Energy Security and Net Zero called the forecast 'highly speculative'.
  • Ofgem (Office of Gas and Electricity Markets) will publish its price cap by May 27.
  • Experts warn low-income households may struggle and urge targeted government support.