Energy price cap: Household gas bills to rise as renewables curb electricity price hike

Michael Holder
clock • 7 min read
Credit: iStock
Image:

Credit: iStock

Ofgem confirms average gas bills are set to rise higher than electricity bills under the new price cap, as domestic renewables capacity continues to reduce reliance on expensive fossil fuels

Ofgem has today confirmed the price cap on household energy bills is to rise by 13 per cent in July, pushing up the average dual-fuel bill to more than £1,860 a year as Britain grapples with the impacts...

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

More on Energy

Electrification is the UK's economic lifeline

Electrification is the UK's economic lifeline

Faster, more coordinated electrification can deliver significant and lasting economic benefits, writes Bev Cornaby from Corporate Leaders Group (CLG) UK

Bev Cornaby, Corporate Leaders Group (CLG) UK
clock 16 June 2026 • 3 min read
Smart tariffs have saved Octopus Energy customers almost £1bn since 2017

Smart tariffs have saved Octopus Energy customers almost £1bn since 2017

More than one million customers have benefitted from Intelligent Octopus Go, Agile Octopus, and Cosy Octopus tariffs, energy firm reveals

Stuart Stone
clock 16 June 2026 • 2 min read
'Profound shift': Ninety per cent of businesses expect to be largely electrified by 2035

'Profound shift': Ninety per cent of businesses expect to be largely electrified by 2035

Landmark poll of business leaders in 18 countries shows overwhelming business support for clean electrification drive in response to fossil fuel volatility and escalating climate risks

Stuart Stone
clock 15 June 2026 • 6 min read