# Winter energy price cap to rise 4%

By Susannah Streeter — 2026-08-26

Susannah Streeter, chief investment strategist at Wealth Club, says the rise shows how the war in the Middle East has impacted households.

She said: “The latest increase also shows how quickly geopolitical shocks can filter through into household finances.

“The Middle East conflict has pushed up international gas prices, while extreme heat across parts of Europe has also increased demand for electricity for cooling, adding to pressure on gas-fired power generation.

“Consumers have already had to get used to higher prices at the pumps and have been adjusting their spending accordingly.”

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