Energy bills will fall by £117 for millions of households in Britain from April

Ofgem cap drops by 7% to £1,641 a year for consumers’ average gas and electricity costsAnnual energy bills will fall by £117 for millions of households from April after Rachel Reeves’s plan to cut £150 a year from bills was partly foiled by rising costs.The energy regulator Ofgem’s quarterly cap will drop by 7% for the three months from April to £1,641 a year for the average combined gas and electricity bill in Great Britain for those paying by direct debit, from £1,758 under the current January-March cap. Continue reading...

Energy bills will fall by £117 for millions of households in Britain from April

Ofgem cap drops by 7% to £1,641 a year for consumers’ average gas and electricity costs

Annual energy bills will fall by £117 for millions of households from April after Rachel Reeves’s plan to cut £150 a year from bills was partly foiled by rising costs.

The energy regulator Ofgem’s quarterly cap will drop by 7% for the three months from April to £1,641 a year for the average combined gas and electricity bill in Great Britain for those paying by direct debit, from £1,758 under the current January-March cap. Continue reading...

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