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Energy bills to go down by £150 after Wednesday due to Rachel Reeves news

Ofgem’s price cap cut will reduce typical annual bills by £115 to £145, mainly through lower electricity unit rates, following government policy and market changes.

Summary by Hull Daily Mail
The exact cut will depend on a number of factors around your bill

6 Articles

Birmingham MailBirmingham Mail
Center

What the new Ofgem price cap change means for your bills and when it starts - Birmingham Live

The Government has told energy firms it expects the savings to be passed on in full to all customers including those already on fixed tariffs

·Birmingham, United Kingdom
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The IndependentThe Independent
Lean Left

What the Ofgem price cap change means for your energy bill

This latest change comes after Chancellor Rachel Reeves promised an £150 cut to average household bills

·London, United Kingdom
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Daily MirrorDaily Mirror
Lean Left

Ofgem energy price cap announced as millions to see bills fall - how it impacts you - The Mirror

The Ofgem price cap does not put a limit on how much you can pay for energy - instead, it sets the maximum unit rate and standing charges

·London, United Kingdom
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Plymouth HeraldPlymouth Herald
+2 Reposted by 2 other sources
Center

Energy bills to go down by £150 after Wednesday due to Rachel Reeves news

The exact cut will depend on a number of factors around your bill

·Plymouth, United Kingdom
Read Full Article
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Hull Daily Mail broke the news in Hull, United Kingdom on Tuesday, February 24, 2026.
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