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Why has Ofgem cut the energuy price cap? - Vimarsana News

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…

Energy bills to remain 'volatile' for some time, warns Ofgem boss as seven million Brits face paying MORE this winter with most vulnerable put in desperate situation of choosing between 'heating or living' - Vimarsana News

Energy bills to remain 'volatile' for some time, warns Ofgem boss as seven million Brits face paying MORE this winter with most vulnerable put in desperate situation of choosing between 'heating or living'

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.

Ofgem's energy price cap – what does it mean for household bills? - Vimarsana News

Ofgem's energy price cap – what does it mean for household bills?

Consultancy firm Cornwall Insight currently believes the typical bill will rise again in January by around £150 a year.

Why has Ofgem cut the energy price cap? - Vimarsana News

Why has Ofgem cut the energy price cap?

Despite falling wholesale energy prices making their way through to bills, households are still facing eye-watering costs that remain around 50…

Modest raise to emergency electricity credit limit by suppliers slammed as 'incredibly low' - Vimarsana News

Modest raise to emergency electricity credit limit by suppliers slammed as 'incredibly low'

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.