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Published 5 months ago

Energy bills to fall by £238 as new price cap revealed

  • Ofgem, the energy regulator, has announced that the energy price cap for dual fuel households in England, Scotland, and Wales will decrease by 12.3% from £1,928 to £1,690 from April 1.
  • This reduction in the price cap will result in the lowest energy charges since Russia's invasion of Ukraine in February 2022, which caused a spike in the wholesale market.
  • Ofgem will introduce a temporary payment of £28 per year to help struggling customers, which will be added to the bills of direct debit or standard credit paying customers.
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The GuardianThe Guardian

Energy price cap in Great Britain to fall to £1690 from April

Mild winter and falling gas costs lead to lower level, but prices are far higher than before start of energy crisis in 2021

5 months ago·London, United Kingdom
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The IndependentThe Independent

Household energy bills to fall to lowest point in two years from April 1

Ofcom has announced its latest energy price cap.

5 months ago·London, United Kingdom
Read Full Article
Daily ExpressDaily Express

Energy price cap to fall from April with families to save over £230 a year

The price cap will fall to its lowest level since February 2022 but bills will still be much higher than before the cost of living crisis.

5 months ago·United Kingdom
Read Full Article
Daily MirrorDaily Mirror

Ofgem price cap falls to £1,690 - saving millions of households £238 a year

The Ofgem price cap does not set an actual limit on what you could pay for energy - instead, it puts a cap on the unit price of gas and electricity, as well as standing charges

5 months ago·London, United Kingdom
Read Full Article
The SunThe Sun

Energy bills to fall by £238 for millions in April as new price cap confirmed

ENERGY bills are set to fall by £238 for millions of households this spring.TheenergyregulatorOfgemhas confirmed the new pric

5 months ago·United Kingdom
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The TelegraphThe Telegraph

Hopes rise for rate cuts as energy price cap falls by £238

Drop in household bills will help to bring down inflation, say economists

5 months ago·London, United Kingdom
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