Ofgem’s energy price cap will fall by 6.1 per cent in April 2026 based on the the average of multiple forecasts, Martin Lewis has confirmed on X. The Money Saving Expert founder shared the updated prediction ahead of the energy regulator’s cap rising by 0.2 per cent in January.
Under the energy price cap, Ofgem limits how much suppliers can charge you per unit for gas and electricity, as well as capping the standing charge which daily fee just for being connected. It should be noted this applies to households with average usage; those who use more energy pay more.
For October to December 2025, the dual-fuel energy bill will be capped at £1,755 per year for an average household paying by direct debit under the Ofgem regulation. This will jump to £1,758 per year in January, which is an annual increase of about £3 more annually for those of average usage.
However, Mr Lewis has revealed consumers should expect the Ofgem energy price cap to see dramatic drop of 6.1 per cent in April 2026, according to the average predictions from British Gas, EDF and Eon.
Martin Lewis claims the Ofgem energy price will fall by 6.1 per cent in April 2026
|
GETTY / ITV / MARTIN LEWIS MONEY SHOW LIVE
Speaking to his followers, the financial journalist said: “The April energy Price Cap now predicted to fall 6.1 per cent, following the confirmed 0.2 per cent rise in January. This marks an improvement, as wholesale rates have dropped over the past week – though the broader picture remains more complex.”
Notably, the host of The Martin Lewis Money Show Live claims reforms from Chancellor Rachel Reeves’s Budget could slash energy bills by £150 for every household in Britain.
THIS IS A BREAKING NEWS STORY…MORE TO FOLLOW
How will the Ofgem energy price cap change next year?
|
MARTIN LEWIS / X
Ofgem has hiked the energy price cap in recent years
|
GETTY
