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Ofgem to Set Next Energy Price Cap August 26

8/17/2026

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Story summary
  • Ofgem will announce the next energy price cap on August 26, setting tariff rates.
  • Eight energy firms earned over £6 billion profit from UK operations in 2026, about £200 per household.
  • Simon Francis said a third of UK households face energy debt as firms post large profits.
  • The Department for Work and Pensions confirmed a £150 Warm Home Discount will be offered to households.