Household energy prices in England, Scotland and Wales will rise by 13% a year in July, as soaring wholesale costs caused by the US-Israel war with Iran hit bills for the first time.
Regulator Ofgem says the war means a household using a typical amount of gas and electricity will pay £221 more a year, with an annual bill of £1,862.
Energy costs have rocketed since Iran started blocking the Strait of Hormuz shipping route, through which a fifth of the world's oil and gas usually flows, in response to the war.
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*Examples are illustrative with costs based on energy price cap rates for 1 July to 30 September 2026 for dual fuel customers paying by direct debit.
(📸 Getty)
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