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Ofgem Raises Price Cap £221, Extends Warm Homes Rebates

7/2/2026

29 4 Full Breakdown

Summary

Story summary

The new Ofgem price cap, driven by the Middle East conflict, adds £221 to household energy bills and lifts the annual electricity and gas charge to £1,862 from July.
Uswitch urged customers without smart meters to submit readings around 1 July and switch to fixed-price tariffs.
The Warm Homes Plan offers low-interest loans for solar panels, heat pumps and batteries and extends a £150 winter electricity rebate to 2030.

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Story summary

The new Ofgem price cap, driven by the Middle East conflict, adds £221 to household energy bills and lifts the annual electricity and gas charge to £1,862 from July.
Uswitch urged customers without smart meters to submit readings around 1 July and switch to fixed-price tariffs.
The Warm Homes Plan offers low-interest loans for solar panels, heat pumps and batteries and extends a £150 winter electricity rebate to 2030.