Ofgem cuts energy price cap by £122 from October
Millions of UK households will see a welcome reduction in their energy costs this autumn as the regulator announces a significant cut to the price cap, driven by falling wholesale prices.
Millions of UK households will see a welcome reduction in their energy costs this autumn as the regulator announces a significant cut to the price cap, driven by falling wholesale prices.
Britain's energy regulator Ofgem has confirmed a significant reduction in the price cap, promising lower gas and electricity bills for most households across England, Scotland, and Wales from April.
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Millions of UK households will see energy bills fall from July as Ofgem announces a significant 7% drop in its price cap. The new rate of £1,568 marks the lowest level since Russia's invasion of Ukraine, offering welcome relief to consumers.
Millions of UK households will see a welcome reduction in their energy costs this summer as the Ofgem price cap is set to fall by 7%. Get the full breakdown of the new rates and what it means for your bills.
Millions of UK households will see their energy bills fall this summer as the regulator Ofgem confirms a 7% reduction to the energy price cap. The average annual bill for a typical household will drop to £1,568 from July 1st.