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Share Energy to raise electricity tariff 12.6%

9/10/2026

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Story summary
  • Share Energy will raise its standard electricity tariff by 12.6% on 1 October 2026.
  • The increase adds about £129 to a typical household’s annual electricity bill.
  • CEO Damian Wilson urged government to fix the market’s reliance on gas, calling it an ‘Achilles heel’.
  • Consumer Council head Raymond Gormley blamed Middle-East geopolitics for the rise and warned unregulated suppliers may follow.