Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Holly Williams

Energy bills predicted to surge by £288 a year from July as rise ‘unavoidable’

Household energy bills could increase by £288 a year in July as soaring wholesale costs caused by the Iran war are set to push up Ofgem’s price cap, according to the latest forecasts (Jacob King/PA) - (PA Wire)

Household energy bills could increase by £288 a year in July as soaring wholesale costs caused by the Iran war are set to push up Ofgem’s price cap, according to the latest forecasts.

Cornwall Insight said its prediction for the watchdog’s price cap from July to September now stands at £1,929 for a typical dual fuel household – an increase of £288 or 18% on April’s cap.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.