What the July 2026 Price Cap Increase Means (and What You Can Do About It)

For a moment, it looks like energy prices are easing. From April, the Ofgem price cap drops to around £1,640 …

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Energy Bills Are Dropping… But Not For Long

For a moment, it looks like energy prices are easing.

From April, the Ofgem price cap drops to around £1,640 for the average household. Sounds like good news, right?

Not quite.

Because just a few months later, prices are expected to rise again – and fast.

The Reality: Prices Are About to Climb Again

According to Cornwall Insight, the price cap is forecast to jump to £1,827 between July and September 2026.

That’s nearly a £200 increase in one quarter.

And based on what’s happening globally, there’s a strong chance this isn’t the peak.

With ongoing conflict in the Middle East pushing up oil and gas prices, many experts expect further increases heading into winter – potentially pushing bills back towards (or beyond) £2,000 again.

Why This Keeps Happening

UK energy prices don’t just depend on what’s happening here – they’re tied to global markets.

And right now, those markets are volatile.

  • Oil and gas supply is under pressure
  • Geopolitical tensions are rising
  • Prices are reacting instantly

Which means your energy bills are reacting too

Why ‘Cheaper Tariffs’ Don’t Solve the Problem

You might be tempted by tracker tariffs – especially when prices dip.

But here’s the catch:

They go down… and straight back up again

So while they may look cheaper today, they expose you to the next increase just around the corner.

What This Means for Homeowners

Put simply:

  • Energy bills are still unpredictable
  • Prices are likely to rise again this year
  • Households remain exposed to external shocks they can’t control

And that’s exactly why more homeowners are looking at solar

Why More People Are Turning to Solar

Solar isn’t about chasing short-term savings anymore.

It’s about taking back control.

With the right system, you can:

  • Generate your own electricity
  • Reduce reliance on the grid
  • Protect yourself from future price rises

And with battery storage, you can even store energy to use when prices are highest

The Bottom Line

Energy prices may dip temporarily – but the direction of travel is clear.

Up.

The question isn’t if prices rise again

It’s how exposed you want to be when they do.

Yes – forecasts suggest a rise to around £1,827 from July, with potential for further increases later in the year.

Mainly due to rising oil and gas prices, driven by global supply pressures and geopolitical conflict.

Tracker tariffs may look cheaper short-term, but they rise with the market – meaning you’re still exposed to future increases.

Solar allows you to generate your own electricity, reducing how much you need to buy from the grid.

Yes – especially with rising and unpredictable energy prices. Modern systems are designed to perform in UK conditions year-round.

Yes – with battery storage, you can store unused energy and use it later (e.g. evenings or peak pricing times).