The energy cap is falling.
By 32p a day.
Ofgem announced on 25 February that the April 2026 price cap would drop to £1,641. That saves the average household about £117 a year. Which sounds good. Here's why it's complicated.
📉 Why is the cap falling?
Most of the saving comes from the government removing green energy charges from bills. not from energy prices on the open market coming down.
Gas prices on the open market were actually rising in February when this announcement was made.
Three days after Ofgem announced the drop, the Iran conflict escalated and energy prices on the open market shot up again.
⚠️ What is the catch?
The July 2026 cap. set using prices from March and April. is forecast to be higher than April's.
So the cap falls in April, then likely rises again in July.
The celebration may have been premature. 32p a day less for three months, then potentially back up.
💡 What actually helps?
Earning from your energy use rather than just trying to reduce it.
FlexMyPower pays you for using electricity at the right times. the same times the grid saves money.
Most households earn back more than the cap saving every year, and it compounds as the scheme grows.