28/08/2026
Energy prices will be going up again in October... If you need help with bills or saving energy, get in touch or come along for a chat on our stall at the Fulford Show - this bank holiday Monday 1-5pm. Check out the website for more info about the fun day: https://fulfordshow.org.uk/
The 4% rise in the energy price cap announced by Ofgem today follows a 13% increase on 1st July. This means we're going into the colder months, when our demand for energy will be much higher, with prices at their highest level for 3 years.
Will this impact you?
Yes, if you are one of the 22 million households on a variable/standard/default tariff with your energy supplier. If you are on a fixed tariff your prices won't change until the end of your contract.
What should you do?
If you are on a variable tariff, look at shopping around. There are currently fixed tariffs available that are around 6% below the current price cap so you could save straight away. By fixing now, you would also avoid October’s 4% price cap increase and, with the cap currently projected to rise again in January, securing a fixed tariff could potentially save you even more next year.
Check out the Martin Lewis website for more advice around different tariff types: https://www.moneysavingexpert.com/utilities/are-there-any-cheap-fixed-energy-deals-currently-worth-it/
If you would like any further 1-2-1 advice on tariffs please get in touch with us at Yorkshire Energy Doctor.