Energy & Petrochemicals #energy#bills
UK Household Energy Bills to Rise 13.5% as Wholesale Costs Driven by Iran Conflict
UK household energy bills will rise 13.5% from July 1, adding £221 to annual costs, driven by higher wholesale prices linked to the conflict in Iran. Ofgem's cap adjustment reflects these costs, with bills now 79% above pre-crisis levels.
Jul 8, 2026 1 source