Is the £1,973 Ofgem price cap confirmed for July to September?

No. The £1,973 figure with a £332, or 20%, rise is an analyst forecast as of 23 March. Ofgem sets the official price cap and updates it quarterly. The final decision will be announced before July. Households should plan, but wait for confirmation before making long‑term tariff choices.

Does leaving heating on low all day save money?

Usually not. Money Saving Expert guidance notes that heating continuously when you do not need it wastes energy. Heat when required, insulate well, and target occupied rooms. Layer clothing and consider low‑watt heated throws for seated periods. This approach keeps comfort while limiting unnecessary boiler run time.

How can I reduce tumble dryer cost without new appliances?

Spin clothes at higher RPM, then air‑dry on racks or lines. Ventilate to remove moisture and speed drying. Clean lint filters to maintain airflow and avoid small, frequent loads. On damp days, a dehumidifier can help. These practical habits cut run time and lower UK energy bills with minimal spend.

What should investors watch if UK energy bills rise in July–September?

Track CPI inflation, Ofgem announcements, and retail trading updates. A higher cap can hit discretionary spending and keep rates higher for longer. We would watch consumer staples and value retailers for resilience, along with utilities’ dividend guidance and policy signals that could influence sector sentiment.

Global Market Insights

UK Energy Bills +£332 Forecast March 23: MoneySavingExpert Dryer Warning

ByDanny Kontos March 23, 2026March 23, 2026

Money Saving Expert guidance is in focus as UK energy bills may climb again. On 23 March, analysts forecast a £332, or 20%, rise in the Ofgem price cap for July to September, lifting a typical annualised bill to £1,973. Martin Lewis warns that tumble dryer use can be costly and suggests heating the person, not the home. For investors, higher utility costs could squeeze spending, hold inflation up, and keep rates‑sensitive assets in view. We explain what this could mean and share practical, data‑driven steps.