Households across Great Britain are facing another increase in energy costs this winter, with the Energy Price Cap rising from 1 October 2026. With further increases currently being forecast for January, many households may be wondering what this could mean for their energy bills — and what they can do now to take greater control of their energy costs. October energy price cap increase confirmed Ofgem has confirmed that the Energy Price Cap will increase by approximately 4% from 1 October 2026, taking the annualised cost for a typical dual-fuel household paying by Direct Debit from £1,663 to £1,723. This means many households will see higher energy bills as we head into the colder winter months. What could happen in January? The Energy Price Cap is reviewed every three months, with the next change taking effect on 1 January 2027. While the January figure has not yet been confirmed, current forecasts suggest households could face a considerably larger increase. What is Martin Lewis saying about energy prices? MoneySavingExpert founder Martin Lewis has been highlighting the possibility of further increases in energy costs and encouraging households to check their current energy tariff and consider the options available to them. With January’s Energy Price Cap yet to be confirmed, households should be aware that current figures are forecasts and could change before Ofgem announces the official cap. Read the latest Energy Price Cap update from MoneySavingExpert – //www.moneysavingexpert.com/utilities/energy-price-cap-prediction/ Could your home be more energy efficient? With energy prices remaining uncertain, now could be a good time to consider ways to improve your home’s energy efficiency and reduce the amount of energy you need to buy from the grid.
