Posts tagged #ofgem

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.

When is the right time to switch heat pump tariff? Seasonal timing and price cap dates explained

The Ofgem price cap changes every quarter — April, July, October, January. Each change shifts the off-peak rates on every variable heat pump tariff in the UK. Understanding that cycle helps you switch at the right moment, avoid locking in at the wrong rate, and know when to check whether your current tariff is still competitive. This guide explains the timing, what to watch for, and why summer is often the best time to switch.