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Ofgem Raises UK Energy Price Cap 13%, Bills Jump £209

5/27/2026

36 4 Full Breakdown

Summary

Story summary

Ofgem announced a new energy price cap for households in England, Scotland and Wales, raising it by 13%.
A 25% jump in gas prices from the Iran war and Strait of Hormuz closure leads the cap to add about £209 to a household’s annual bill, raising the total to £1,850.
The cap covers 19 million households and is reviewed quarterly.
The government will offer support for the vulnerable before winter.

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Story summary

Ofgem announced a new energy price cap for households in England, Scotland and Wales, raising it by 13%.
A 25% jump in gas prices from the Iran war and Strait of Hormuz closure leads the cap to add about £209 to a household’s annual bill, raising the total to £1,850.
The cap covers 19 million households and is reviewed quarterly.
The government will offer support for the vulnerable before winter.