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UK household energy price cap could double in January

Experts reportedly predict that the UK energy price cap could increase by double in January.

By DoomRadar · Published on DoomRadar .

Why it matters

A sharp increase would intensify household energy costs and inflationary pressure.

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  1. Experts predict Ofgem price cap increase will DOUBLE in January ↗express.co.uk · Recorded source date: Aug 26, 2026, 10:17 PM UTC

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UK household energy bills could rise 25% in January if wholesale prices stay high

A Bloomberg Economics forecast cited by UK outlets puts the January energy price cap at about £2,150, up roughly £427 from the £1,723 cap expected in October. The forecast is linked to higher wholesale energy prices attributed to the US-Iran confrontation, but it is not a confirmed tariff change.

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