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Energy bills will rise by £209 a year to £1,850 from July, forecaster says
Energy consultancy Cornwall Insight forecasts that Great Britain's typical annual gas and electricity bill will rise by £209 (nearly 13%) to £1,850 from July 2026 under Ofgem's quarterly price cap, driven by surging wholesale gas prices linked to Iran's closure of the Strait of Hormuz amid conflict with the US and Israel. While a temporary ceasefire eased historic market highs, lingering supply disruptions mean a return to April's £1,641 cap level in autumn is unlikely, prompting calls for targeted government support for vulnerable households and accelerated renewable energy rollout to stabilize future costs.
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48- First seen
- May 19, 2026, 10:26 PM
- Last updated
- May 19, 2026, 8:20 PM
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Energy bills will rise by £209 a year to £1,850 from July, forecaster says is currently shaped by signals from 1 source platforms. This page organizes AI analysis summaries, 1 timeline events, and 48 relationship edges so search engines and AI systems can understand the topic's factual basis and propagation arc.
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7 tagsenergy billsprice capwholesale gas pricesIran warcost of living crisisrenewable energyfixed-rate tariffs
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1 evidence itemsEnergy bills will rise by £209 a year to £1,850 from July, forecaster says
News · 1May 19, 2026, 10:26 PMOpen original source
Timeline
Energy bills will rise by £209 a year to £1,850 from July, forecaster says
May 19, 2026, 10:26 PM
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