Money Wellness

bills

Published 05 Aug 2026

3 min read

Another energy bill change is on its way – here’s how you can get ready

If you're worried about your energy bills, there's another important date to put in your diary.

Gabrielle Pickard-Whitehead - Money Wellness

Written by: Gabrielle Pickard Whitehead

Lead financial content writer

Published: 5 August 2026

By 26 August 2026, Ofgem will have announced the next energy price cap, which will determine what millions of households on standard variable tariffs will pay from 1 October to 31 December.

For a typical dual-fuel household, annual energy bills currently stand at around £1,663, based on Ofgem's latest typical energy use figures.

While nobody knows exactly what the next price cap will be yet, the announcement will give you a clearer picture of what you could be paying this winter.

What is the energy price cap?

The energy price cap is set by Ofgem, the UK's energy regulator.

It limits the maximum amount energy suppliers can charge for each unit of gas and electricity if you're on a standard variable tariff.

But it's important to remember that it doesn't cap your total bill.

The more energy you use, the more you pay.

Why does the August announcement matter?

The next price cap announcement comes just weeks before temperatures start to fall and energy use begins to increase.

That means it's the perfect time to think about your household budget and check whether there's anything you can do before winter arrives.

Even if prices don't rise, planning ahead now could help you avoid nasty surprises later in the year.

What can you do now?

Rather than waiting until your next bill arrives, there are a few simple things you can do now.

Check what tariff you're on

If you're on a standard variable tariff, the new price cap will affect you.

If you're on a fixed deal, your prices won't change until your fixed term ends, although it's still worth checking whether your current deal remains competitive.

Speak to your supplier early

If you're already finding it difficult to keep up with your energy bills, don't wait until you're in debt.

Many suppliers can offer payment plans, temporary payment reductions, hardship support or emergency help if you contact them early.

See if you're missing out on support

Depending on your circumstances, you could qualify for help such as:

A quick check could make a real difference to your bills this winter.

Energy debt is still rising

Many households are continuing to struggle with the cost of energy.

According to Ofgem, energy debt reached £4.79bn between January and March 2026, confirming the financial pressure many families are still under.

If you're worried about paying your bills, asking for help early is usually the best option.

Key dates to remember

26 August 2026 – Ofgem announces the new energy price cap.

1 October 2026 – the new price cap comes into effect and will remain in place until 31 December 2026.

We'll update you as soon as Ofgem confirms the new rates, what they mean for your bills and whether there's anything you should do next.

Gabrielle Pickard-Whitehead - Money Wellness

Written by: Gabrielle Pickard Whitehead

Lead financial content writer

Gabrielle is an experienced journalist, who has been writing about personal finance and the economy for over 17 years. She specialises in social and economic equality, welfare and government policy, with a strong focus on helping readers stay informed about the most important issues affecting financial security.

Published: 5 August 2026

The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.

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Gabrielle Pickard-Whitehead - Money Wellness

Written by: Gabrielle Pickard Whitehead

Lead financial content writer

Published: 5 August 2026

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