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Ofgem Price Cap Rises 2% on October 1 as Households Urged to Submit Meter Readings and Switch to Cheaper Fixes

New relief rolls out from British Gas, the DWP and Uswitch to cushion households from the higher rates.

Overview

  • The price cap increases to £1,755 a year for a typical dual‑fuel household on October 1, and consumer advisers say submitting meter readings around the changeover helps avoid being overcharged on the new rates.
  • Switching now to certain fixed tariffs priced below the new cap can cut annual costs by roughly £150–£270, though deals are limited and may be withdrawn quickly, and switching typically takes up to five working days with a 14‑day cooling‑off period.
  • British Gas reopens its Energy Support Fund on October 1 offering eligible customers up to £2,000 to help with bills or clear arrears, with applications requiring proof of recent debt advice and credits applied to accounts after approval.
  • The Department for Work and Pensions confirms the £150 Warm Home Discount is returning and expanding for 2026, with eligible customers receiving the credit automatically on their electricity accounts and a warning to ignore calls asking them to apply.
  • Uswitch is offering households with compatible smart meters 25 hours of free electricity in November, with sign‑up via the Uswitch app open through October 31 and users choosing weekly five‑hour weekend slots.