British Gas, Octopus, OVO and EDF customers warned of £209 energy bill increase

British Gas, Octopus, OVO and EDF customers warned of £209 energy bill increase

Cornwall Insight forecasts UK energy bills rising £209/year (+13%) from July, driven by Strait of Hormuz closure affecting ~20% of global oil trade. October cap is expected near July peaks — factor sustained high utility costs into winter budget planning now.