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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose and Jessica Elgot

Energy bills could rise by £160 after Iran conflict pushes gas prices higher

The UK’s reliance on gas and limited storage capacity has left it exposed to some of the steepest energy price rises globally.
The UK’s reliance on gas and limited storage capacity has left it exposed to some of the steepest energy price rises globally. Photograph: Maskot/Getty Images

Household energy bills could climb by £160 a year from this summer after the war in Iran pushed the UK’s gas market to a three-year high.

A typical combined household gas and electricity bill could reach £1,800 a year in Great Britain under the government’s quarterly price cap from July, according to analysis by Cornwall Insight, an energy consultancy.

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