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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Money Saving Expert Martin Lewis urges households to take immediate meter readings this weekend to avoid being overcharged as the new energy price cap takes effect.
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Money Saving Expert Martin Lewis issues urgent warning for households with traditional prepayment meters to submit meter readings by 30 June to claim back £180 from the energy price cap adjustment.
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