25/08/2025
Are gas and electric prices due to rise in october
The official answer. ...
YES—electricity and gas prices in Great Britain are expected to rise slightly in October 2025.
What’s Happening?
For the period 1 July to 30 September 2025, the Ofgem energy price cap for a typical dual-fuel household on a standard variable tariff (paying by direct debit) is £1,720 annually. This marked a 7 % reduction from the previous quarter (£1,849) .
Starting 1 October 2025, forecasts indicate a modest increase of around £17 a year (or 1 %), raising the cap to approximately £1,737 annually
Why Are Prices Going Up?
This increase is largely driven by expanded government policy costs—particularly the Warm Home Discount scheme, which adds about £15 to average bills to support vulnerable households, even though it also delivers a benefit of £150 to additional recipients (around 2.7 million more people this year) .
Wholesale energy prices remain volatile, but policy adjustments are the primary driver of this upcoming slight rise
Are Fixed-Rate Deals Better?
Yes—given this expected rise, many consumers may benefit from switching to fixed-rate energy tariffs. Some of these fixed deals are already priced below the projected price cap, offering potential savings—sometimes up to £250 annually compared to staying on a variable tariff
Summary Table
Date Range Price Cap (Typical Dual-Fuel Bill)* Change from Previous
1 Jul – 30 Sep 2025 £1,720 −7% lower
1 Oct – 31 Dec 2025† ~£1,737 +£17 (+1%)
*Based on a typical dual-fuel household paying by direct debit.
†Forecasts—Ofgem will officially announce the October–December price cap by 27 August 2025 .
What You Can Do
Consider fixed-rate energy deals now—they might lock in a lower price than the incoming cap, offering more financial certainty
Let me know if you'd like help evaluating fixed-rate options or finding the best current energy deals!