Month: June 2026

The energy price cap will rise to £1,862

The energy price cap will rise from £1,641 to £1,862 with effect from July 1, Ofgem confirmed, due to rising wholesale gas prices driven by the ongoing conflict in the Middle East. The price cap, introduced by energy regulator Ofgem in 2018, limits what a supplier can charge on its standard variable, PakarPBN A Private…