Energy bills will rise by £209 a year to £1,850 from July, forecaster says
Energy bills in Great Britain are projected to rise by over £200 in July, reaching nearly £1,900 annually. This increase is primarily driven by rising wholesale gas and electricity prices due to geopolitical tensions. Households are urged to consider fixed-rate energy deals to mitigate the impact of these rising costs.
- ▪The energy price cap is expected to rise by nearly 13% due to increased wholesale prices.
- ▪The rise in energy costs is attributed to the Iran war, which has significantly affected gas market prices.
- ▪Experts suggest that building renewable energy capacity is essential for long-term stability in energy prices.
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The main driver for the increase in the forecast energy price cap is rising wholesale gas and electricity prices. Photograph: Yui Mok/PAView image in fullscreenThe main driver for the increase in the forecast energy price cap is rising wholesale gas and electricity prices. Photograph: Yui Mok/PAEnergy billsEnergy bills will rise by £200 in July to nearly £1,900 a year, forecast saysCornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costs Business live – latest updates Jillian AmbroseTue 19 May 2026 04.20 EDTSharePrefer the Guardian on GoogleHouseholds in Great Britain could see their energy bills increase by over £200 a year to almost £1,900 from this summer in “a kick in the teeth” for millions struggling with the cost of living crisis.A…
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