British households face a significant energy bill hike from July, with forecasts predicting a rise of over £200, signalling a painful winter of high costs due to the Iran war.
Ofgem will announce the new energy price cap for July to September on Wednesday, covering typical dual fuel households across Great Britain. Analysts Cornwall Insight last week predicted a £209 increase, raising the cap to £1,850 from July – a 13 per cent jump from April’s £1,641.