Households in the UK not on fixed energy tariffs are facing an increase in energy bills by £209 per year starting in July, bringing the energy price cap to £1,850. This represents a 13% rise from April's cap of £1,641, driven by rising wholesale energy prices linked to the ongoing conflict in Iran. However, the new forecast from Cornwall Insight is an improvement over the previous prediction of £1,929. The price cap, which limits what energy companies can charge per unit of power, will be confirmed by the energy regulator Ofgem on May 27 and will be effective from July 1 until September 30. The forecast indicates that even if the conflict were to end, a return to April's price cap levels seems unlikely due to physical infrastructure damage. While summer months generally see lower energy usage, a sustained high price cap in October could strain household budgets as heating needs rise. Craig Lowrey, a principal consultant at Cornwall Insight, emphasized the need for targeted government support for vulnerable families if prices remain high. Households considering fixed tariffs have limited options, with only one deal below the cap; however, many fixed tariffs currently offer potential savings.