UK household energy bills are forecast to rise to nearly £2,000 a year from January, according to Cornwall Insight's price cap forecast reported by multiple outlets. The increase would mark the sharpest rise in four years.
GB News reported that Cornwall Insight projects a 16% jump, adding £276 to the typical annual dual fuel bill compared with the October-to-December quarter, which would be the steepest increase since January 2023. The outlet attributed the rise primarily to the ongoing conflict in the Middle East.
The forecast comes shortly before Ofgem's latest price cap adjustment takes effect on Thursday, which GB News said will bring a four per cent increase to bills for households in England under the current quarter.
The Financial Times linked the forecast rise to the Iran war driving up global energy prices. CNA reported that while electricity and gas tariffs in Singapore are set to fall from October to December, rising global fuel prices could push tariffs higher the following quarter, according to SP Group and City Energy.
According to The Telegraph, Andy Burnham warned of an energy crisis as bills are forecast to reach £2,000.
How each side covered it
Center
- The Financial Times linked the forecast UK price cap rise to the Iran war driving up prices.
- BBC News reported a typical household bill of £1,999 annually from January, based on a key forecast.
- CNA reported Singapore tariffs will fall from October to December but could rise next quarter due to global fuel prices, per SP Group and City Energy.
“Household energy bills forecast to see biggest rise in four years” — BBC News
Right
- GB News reported Cornwall Insight's forecast of a 16% jump, adding £276 to bills, the steepest rise since January 2023.
- GB News attributed the rise primarily to the ongoing Middle East conflict.
- GB News noted Ofgem's four per cent price cap increase takes effect Thursday.
- The Telegraph reported Andy Burnham warning of an energy crisis as bills are forecast to reach £2,000.
“UK energy bills forecast to see biggest rise in four years as cost of living 'hits households hard'” — GB News
Questions readers ask
What is happening to UK energy bills?
Forecasters at Cornwall Insight project that the typical UK household's annual dual fuel bill will rise to nearly £2,000 from January, which would be the largest increase in four years.
Why are UK energy bills forecast to rise?
The Financial Times and GB News linked the forecast rise to the conflict involving Iran, which has driven up global energy prices.
When does the next UK price cap change take effect?
According to GB News, Ofgem's latest price cap adjustment, a four per cent increase, takes effect on Thursday, ahead of the larger rise forecast for January.
What did right-leaning outlets focus on in their coverage?
Right-leaning outlets, including GB News and The Telegraph, emphasized the size of the forecast increase, its link to the Middle East conflict, and warnings from figures like Andy Burnham about a potential energy crisis.
Are energy prices rising everywhere?
Not uniformly — CNA reported that household electricity and gas tariffs in Singapore are actually set to fall from October to December, though SP Group and City Energy warned rising global fuel prices could push tariffs higher the following quarter.
Sources · 8 outlet reports
- The GuardianLeft-leaningEnergy bills in Great Britain forecast to jump by £276 a year from January
- The IndependentLeft-leaningUK energy bills forecast to jump by another £276 a year from January
- BBC NewsCenterHousehold energy bills forecast to see biggest rise in four years
- BBC SportCenterHousehold energy bills forecast to see biggest rise in four years
- CNACenterLower electricity and gas household tariffs from October to December
- Financial TimesCenterUK energy price cap forecast to rise to nearly £2,000 as Iran war drives up prices
- GB NewsRight-leaningUK energy bills forecast to see biggest rise in four years as cost of living 'hits households hard'
- The TelegraphRight-leaningAndy Burnham warns of energy crisis as bills forecast to reach £2,000