The Aporia
Saker-Clark, H. (2026, August 25). Households set to learn how energy bills will change as Ofgem reveals new cap. Evening Standard. https://www.standard.co.uk/business/business-news/ofgem-households-vat-experts-b1294342.html
Saker-Clark, Henry. “Households set to learn how energy bills will change as Ofgem reveals new cap.” Evening Standard, 25 Aug. 2026, https://www.standard.co.uk/business/business-news/ofgem-households-vat-experts-b1294342.html.
Saker-Clark, Henry. “Households set to learn how energy bills will change as Ofgem reveals new cap.” Evening Standard, August 25, 2026. https://www.standard.co.uk/business/business-news/ofgem-households-vat-experts-b1294342.html.
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Ofgem, the energy regulator, will announce on Wednesday the new level of the annual energy price cap for the three months from October to December. The price cap is expected to rise by another 4% this year, which would be the highest average bill since July 2023. A typical household in England, Scotland, and Wales using gas and electricity could see their bills rise to around £1,729 for the year, up from £1,663. This increase is driven by factors such as the ongoing conflict in the Middle East and heatwaves across Europe, which have pushed up wholesale energy prices.
The Scottish First Minister, Nicola Sturgeon, has called on the UK Government to provide "immediate assistance" to households affected by the price cap rise. She argues that Scotland's energy resources mean households should not be struggling with high bills. Consumer groups are warning about the impact of the increase, particularly as people start using more energy for heating their homes in autumn and winter.
The predicted 4% rise would mark the fourth hike this year, and households could see their bills continue to increase further as we head into winter.