Early Day Motion 2996

Energy price cap

Tabled 18 March 2026 by Hannah Spencer

That this House believes that the Government has failed to prepare for another enormous spike in the cost of energy; notes with huge concern that the Ofgem energy price cap is now predicted to increase by up to £300 from July 2026; further notes that households across the UK are already struggling to make ends meet, with nearly 3 million people living in fuel poverty in England and a typical energy bill £478 a year higher in October 2025 than it was in October 2021; recognises that oil company shares have now soared to an all-time high; further believes that no energy company should be allowed to profit from this crisis whilst ordinary people can’t afford to heat their homes; thinks it is unacceptable that households are once again facing another significant spike in the cost of the basics; and demands that the Government commit now to preventing prices rising above the April-June price cap.

Signatories (8)