'Pretty much unavoidable': Energy bills projected to rise by nearly £300 from July

James Murray
clock • 5 min read
Shipping routes through the Strait of Hormuz - Credit: iStock
Image:

Shipping routes through the Strait of Hormuz - Credit: iStock

Cornwall Insight forecasts energy price cap is set to rise to £1,929, as fears grow that full blown oil and gas supply crisis could hit global economy

Domestic energy bills are projected to rise by £288 a year to £1,929 for a typical dual-fuel tariff from July, according to the latest forecast from Cornwall Insight, which warns sharp increases in energy...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

'A clear step change': European EV sales jump by over 50 per cent in March

Study: Switch to EVs could save Colombia $40bn in fuel import costs

More on Energy

IEA: Global emissions almost flat as clean tech boom eats into fossil fuel demand
Energy

IEA: Global emissions almost flat as clean tech boom eats into fossil fuel demand

Energy-related emissions reached an all time high in 2025, according to latest International Energy Agency report, but peak is nearing as electrification spreads rapidly across the global economy

Michael Holder
Michael Holder
clock 20 April 2026 • 6 min read
Global Briefing: China signals intent to double clean energy by 2035
Energy

Global Briefing: China signals intent to double clean energy by 2035

Plus: EU eyes electricity tax cuts, Japan's emissions hit record low, and island nations call for a 'fossil free Pacific', in our weekly round up of green business news from around the world

James Murray
James Murray
clock 17 April 2026 • 5 min read
How can companies make 100 per cent renewables a reality?
Energy

How can companies make 100 per cent renewables a reality?

With fossil fuel energy prices soaring, consumers and businesses are increasingly turning to clean technologies to drive down costs - BusinessGreen's latest Spotlight webinar explores how firms can navigate the switch to 100 per cent renewables

Michael Holder
Michael Holder
clock 17 April 2026 • 12 min read