# Households in Great Britain could see their energy bills increase by over £200 a year to almost £1,900 from this summer.

*business · news · 2026-05-19 · The Guardian*

## Key points

- Cornwall Insight forecasts the energy price cap will rise to £1,850 annually from July 2024.
- February–March gas price spikes followed Iran shutting the strait of Hormuz after US-Israeli strikes.
- Even if the Iran conflict ends soon, energy bills are unlikely to fall back to April's levels this autumn.
- Several fixed-rate tariffs already undercut the upcoming July price cap, offering potential savings for households.
- Long-term bill stability will require further UK investment in renewable energy and infrastructure.

**Companies:** Cornwall Insight
**Countries:** United Kingdom, Iran

[Read the full story on The Guardian](https://www.theguardian.com/money/2026/may/19/energy-bills-rise-july-gas-electricity-prices-cap-great-britain-iran-war)

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