Energy bills: What is happening to gas and electricity prices?

UK · 2026-09-28

1. Step 1 · The triggerOfgem raises the energy price cap by ~4% in response to higher wholesale gas costs.
2. Step 2 · Knock-onUK energy suppliers are permitted to charge higher rates, raising bills for households and SMEs.
3. Step 3 · Reaches youSMEs with high energy intensity see immediate cost pressure, squeezing margins and prompting contract timing decisions.

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: bbc.co.uk

This is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.