An annual energy bill for a typical household will fall to £1,923 in October under regulator Ofgem’s new price cap.
The maximum price of each unit of gas and electricity for 29 million households in England, Wales and Scotland is governed by the decision.
A typical bill will be £151 lower than currently and £577 down on last winter.
A typical bill will be £151 lower than currently and £577 down on last winter.
Ofgem’s price cap is now set every three months, partially to reflect changes in wholesale prices which are paid by suppliers. It sets the maximum amount that suppliers can charge for each unit of energy but not the total bill. If you use more, you will pay more.
For a home using a typical amount of gas and electricity and paying by direct debit, the current annual bill is £2,074.
Thus will fall to £xxx for the final three months of this year.
Those who pay via prepayment meters will see their typical bill fall to £1,949, from £2,077.
An annual energy bill for a typical household will fall to £1,923 in October under regulator Ofgem’s new price cap.
A typical bill will be £151 lower than currently and £577 down on last winter.
The maximum price of each unit of gas and electricity for 29 million households in England, Wales and Scotland is governed by the decision.
A typical bill will be £151 lower than currently and £577 down on last winter.
A typical bill will be £151 lower than currently and £577 down on last winter.
Ofgem’s price cap is now set every three months, partially to reflect changes in wholesale prices which are paid by suppliers. It sets the maximum amount that suppliers can charge for each unit of energy but not the total bill. If you use more, you will pay more.
For a home using a typical amount of gas and electricity and paying by direct debit, the current annual bill is £2,074.
Thus will fall to £xxx for the final three months of this year.
Those who pay via prepayment meters will see their typical bill fall to £1,949, from £2,077.
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