Running costs

Guides, analysis and updates on UK electricity tariffs for heat pump and EV households.

Electricity prices rise 13% on 1 July: what heat pump owners need to do now

The Ofgem price cap rises 13% from 1 July 2026, taking the standard electricity rate from 24.67p to 26.11p/kWh. For heat pump owners, the impact depends entirely on which tariff you're on. If you're on a variable heat pump tariff, your rates go up automatically. If you're on a fixed tariff, nothing changes. And if you're on the standard variable rate, now is a good time to check whether a dedicated heat pump tariff would cut your bill.

· Ashley