Overview
- Ofgem set the January–March 2026 price cap at £1,758 for a typical dual-fuel household, a 0.2% increase worth about £3 a year.
- E.ON joined British Gas and Octopus in confirming the £150 saving will be applied automatically to all customers, including those on fixed tariffs, from 1 April.
- OVO and EDF said they will pass the saving to customers in 2026, though they have not yet detailed how or when it will be applied.
- Cornwall Insight forecasts the April cap could fall by around 8%, cutting a typical annual bill by roughly £138 compared with January’s level.
- Ofgem attributes the small January rise to costs such as nuclear project funding, including Sizewell C, and to an expanded Warm Home Discount that makes about 2.7 million more households eligible for £150 off winter bills.