Households can get £207 off energy bills from October 1 on top of Andy Burnham VAT cut

NewsCost Of LivingEnergyBritish Gas, EDF, EON, Ovo and Octopus can capitalise08:25, 19 Aug 2026Households can get £207 off energy bills from October 1 on top of Andy Burnham VAT cut‌British Gas, EDF, EON, Ovo and Octopus households can escape a forecasted £66 bill hike to energy bills from October 1. Energy bills are forecast to rise by 4% from October according to Cornwall Insight’s final forecast for the Default Tariff Cap.‌Under Ofgem’s new definition of a typical consumer, introduced in July 2026, the annual cap is expected to rise to £1,729, from the current £1,663. Under the previous definition the annual cap is expected to rise to £1,941, from the current £1,862.‌The amount a household pays depends on their usage, with these numbers reflecting the regulator’s view of assumed annual