UK Energy Prices to Increase by 13% Starting July 1 Amid Global Tensions
Household energy prices to jump by 13% from July

Image: The Independent
From July 1, the UK's energy price cap will rise by 13%, adding approximately £18 to monthly household bills. This increase is attributed to volatile global energy markets, particularly due to ongoing conflicts in the Middle East. Households can take steps to mitigate costs, while government officials stress the need for long-term solutions.
- 01The energy price cap will rise by 13%, affecting average monthly bills by £18.
- 02Gas bills will see a 24% increase, while electricity bills will rise by 5%.
- 0340% of households, or 22 million accounts, are on fixed tariffs and will not be affected by this increase.
- 04Energy Secretary Ed Miliband emphasized the need for targeted support for vulnerable households.
- 05The energy debt relief scheme, which could assist struggling families, has faced delays.
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The Office of Gas and Electricity Markets (Ofgem) has announced a 13% increase in the energy price cap effective July 1, primarily due to ongoing conflicts in the Middle East affecting global energy prices. This translates to an average increase of £18 per month for households using both gas and electricity, with gas bills rising by 24% and electricity by 5%. Ofgem's chief executive, Tim Jarvis, noted the volatility in global energy markets as a significant factor. Energy Secretary Ed Miliband expressed concern over the impact on households already facing financial pressures and highlighted the importance of de-escalating the conflict to stabilize oil and gas prices. He called for a push towards clean, homegrown energy solutions to prevent future price spikes. Meanwhile, Citizens Advice director Gillian Cooper criticized delays in the energy debt relief scheme, urging the government to implement it swiftly to support families in need. Currently, 40% of energy accounts are on fixed tariffs and will not be affected by this price rise.
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The price increase will affect millions of households, particularly those already facing financial difficulties.
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