Why has Ofgem cut the energuy price cap?
Despite falling wholesale energy prices making their way through to bills, households are still facing eye-watering costs that remain around 50…
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Despite falling wholesale energy prices making their way through to bills, households are still facing eye-watering costs that remain around 50…
Energy regulator Ofgem said today that the new cap on a unit of gas and electricity for England, Wales and Scotland would reduce the average bill to £1,923 from October 1, from £2,074 per year.
Consultancy firm Cornwall Insight currently believes the typical bill will rise again in January by around £150 a year.
Despite falling wholesale energy prices making their way through to bills, households are still facing eye-watering costs that remain around 50…
The north's energy suppliers have been urged to do more for struggling families faced with the cost-of-living crisis after emergency credit for pay-as-you-go customers was raised slightly from the previous £1 limit.