Martin Lewis Warning As Ofgem Energy Price Cap Rises 4% To £1,723

RecentNews.uk

Ofgem raised the energy price cap by 4% starting 1 October 2026.

Typical dual-fuel bills for direct debit customers increased by £60 to £1,723 annually.

The rise is driven primarily by wholesale gas market pressures linked to Middle East conflicts.

Around 11 million households on fixed-rate deals are unaffected by the change.

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