Live Breaking News & Updates on Energy Market Incidents

from £1,900 a year or so tojust £1,620 from april. that s a fall of more than £300 a year, or 16%. just a reminder, 0fgem sets this cap every three months, it s the maximum suppliers can charge per unit and these figures represent a typical bill if you use more, you pay more. we spoke to dr craig lowrey from cornwall insight and asked him why the situation in the middle east isn t pushing up energy prices. the situation we have is that the uk market and indeed the european market is being relatively well supplied by liquefied natural gas cargoes from america, so that is just coming straight across the atlantic and, as a consequence, what is occurring in the red sea isn t currently affecting uk or european suppliers. energy, of course, plays a big role in that basket of goods that adds up to inflation. this good news obviously, does this look like the cost of living is starting to ease now? can i tell my wife she can put the heating back on? well, certainly what we ....

Loved Ones , Narendra Modi , Hindu Temple , Northern Hemisphere , Storm Isha , Business News , Marc Ashdown , Cornwall Energy , Red Sea , Craig Lowrey , Energy Prices , Isn T , Middle East , Liquefied Natural Gas , In The Red Sea , Price Cap , The Cost Of Living , Energy Bills , Energy Market Incidents , European Market , Will Upturn , Giant Exxon , Customer Bills , Activist Shareholders , Climate Change , Climate Campaigners ,