Energy price cap to rise 13% in July due to Middle East crisis

Key facts

• The energy price cap will increase by 13% in July.
• The increase is linked to the crisis in the Middle East.

The energy price cap in the UK is scheduled to rise by 13% in July. This adjustment is a direct consequence of the ongoing crisis in the Middle East, which has created ripple effects throughout global energy markets. The increase in the price cap will likely affect household energy bills, including those for electric vehicle (EV) charging, as the cost of electricity rises.