UK households are expected to face higher energy bills from July after Ofgem is due to announce the next annual energy price cap for the period July to September. Multiple reports say the increase is linked to higher wholesale gas and power costs, which have been pushed up by the impact of the war in Iran, adding to wider inflationary pressures affecting the UK economy.
The outlets report that Ofgem will publish the updated price cap figures on Wednesday. Several sources anticipate an increase of around 13%, with some stating this could translate to about a £200 rise on typical annual bills. Coverage also frames the change as one of the larger increases since 2023, though the exact figure depends on the regulator’s final calculation.
While headlines differ in wording, they align on the timing (Ofgem’s Wednesday announcement), the covered quarter (July to September), and the general magnitude and driver of the expected rise: energy market costs affected by the Iran conflict.
