Jump to contentAllNewsSportCultureLifestyleThe Ofgem energy price cap will rise by 4 per cent from 1 October for typical households in England, Scotland, and Wales. Energy Secretary Miatta Fahnbulleh defended the hike, stating she cannot control Middle East conflicts that drive up global wholesale prices. Analysts confirmed that ongoing tension in the Middle East has pushed wholesale energy costs higher. The Secretary of State admitted the upcoming rise will exceed the support previously announced by the Prime Minister. Fahnbulleh pledged that the government will continue working to bring household energy bills down. In fullEnergy secretary says ‘I can’t control wars’ as Labour defends Ofgem 4% price cap riseMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Ofgem will announce the upcoming price cap for typical gas and electricity usage for the October to December period

Analysts are expecting household bills to increase after the Middle East conflict affected wholesale prices.

It marks the highest average bill since July 2023

The price cap rise will push bills to their highest since July 2023

Ofgem has announced that its price cap will rise by 4% or £60 per year to £1,723 from October 1.

The price cap taking effect from October 1 will rise by 4% for a typical household using gas and electricity.