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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent and Graeme Wearden

Household energy bills in Great Britain ‘could rise to almost £2,000 a year’ amid Iran war shock

A kettle next to a smart meter
Cornwall Insight’s forecast has soared above its estimate from two weeks ago that the price cap could climb to £1,800 a year from July. Photograph: Simon Dack/Alamy

Household energy bills in Great Britain could increase by more than £330 a year to almost £2,000 from this summer after the Iran war pushed the UK’s gas market past three-year highs.

A typical combined household gas and electricity bill is now forecast to reach £1,972 a year from July under the UK government’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight,.

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