Ofgem's energy price cap to fall by £117 for typical household from April: comment

Commenting on the announcement that Ofgem's energy price cap will fall slightly (-7%) from April 2026 [1] for a typical household, Jess Ralston, Head of Energy at the Energy and Climate Intelligence Unit (ECIU) said:
 
“Households will see bills dip in April, a rare bit of good news after years of sky‑high costs that have pushed energy debt to record levels. But we are not out of the woods with gas prices recently spiking to an 11‑month high [2] and that volatility, caused by geopolitical events and whims of foreign actors like Trump and Putin, means families are still feeling the pressure.
 
Renewables offer some calm in the storm, with wind power alone knocking around a third off the UK’s wholesale power price last year [3]. However, there's more to be done as our ageing infrastructure requires modernising after years of delay. Investing in the grid will stop bottlenecks that prevent cheaper renewable power from reaching homes, meaning we’re forced to rely on more expensive gas stations instead. Strengthening the grid and building more renewables is clearly the fastest route to better energy security, and protection from global chaos we can’t control.”

ENDS

Notes to editors: 

1. Ofgem: https://www.ofgem.gov.uk/news/changes-energy-price-cap-between-1-april-and-30-june-2026 

2. ECIU: https://eciu.net/media/press-releases/wholesale-gas-prices-reach-eleven-month-high-comment

3. ECIU: https://eciu.net/media/press-releases/wind-farms-cut-power-prices-by-almost-a-third-in-2025
 
For more information or for interview requests:

George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net