Last updated: 9 June 2026
By Stiv · Design, technology and personal finance
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The energy price cap in January 2026 rose by 0.2% to £1,758 per year for a typical dual-fuel household. At the time, that small rise was enough of a nudge to make switching to a fixed tariff worthwhile. Since then, the picture has moved on considerably. Ofgem has confirmed the April 2026 cap will fall to £1,641, which changes the calculation again — though the case for switching to Octopus Energy remains strong.
Update — March 2026: The April 2026 cap has been confirmed. We have published a full breakdown of what the new figure means and whether now is the right time to switch.
Read: April 2026 energy price cap — the drop, the risk, and the £50 switch offer










