Category : Energy


Engie Buys UK Power Networks for £10.5 Billion

French utility Engie has agreed to purchase UK Power Networks for £10.5 billion, marking a major step in its energy transition strategy and expanding its electricity network operations across London and southern England.

Martin Lewis: Act Now as Energy Price Cap Drops

MoneySavingExpert founder Martin Lewis advises UK households to seize the opportunity as Ofgem confirms a 6.7% reduction in the Energy Price Cap from April, potentially leading to significant savings on bills.

UK Energy Bills to Drop £117 from April, Future Warnings Issued

Ofgem confirms a 7% drop in the energy price cap, saving households an average of £117 annually from April. However, the Resolution Foundation warns this relief could be short-lived, with bills potentially rising again by 2029 unless government action is

Energy Price Cap to Fall 7% from April 1

Ofgem confirms a 7% drop in the energy price cap from April 1, lowering average annual bills by £117. The reduction follows government policy changes but is offset by rising network costs.

Energy Prices to Fall 7% from April, Ofgem Announces

Ofgem has announced a 7% reduction in the energy price cap from April 1, lowering average bills by £10 monthly. The cut follows Chancellor Rachel Reeves' decision to scrap the Eco scheme, saving households £150 annually.

UK Energy Price Cap to Fall in April, Easing Bills

The UK's energy price cap is set to decrease in April, providing financial relief to households amid ongoing economic pressures. This move follows a review by Ofgem and reflects lower wholesale costs.

Energy Bills Drop as Ofgem Lowers Price Cap in April

Household energy bills are set to decrease from April after Ofgem reduced the price cap by 7%, cutting £117 to £1,641 annually for typical dual fuel users, aligning with Chancellor Rachel Reeves' pledge.

Energy Bills to Fall in April as Price Cap Drops

Households across the UK will see a reduction in their energy bills starting in April, following a decrease in the price cap set by Ofgem. This change is expected to provide financial relief to millions of consumers.

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