Ofgem cuts energy price cap by £122 from October
Millions of UK households will see a welcome reduction in their energy costs this autumn as the regulator announces a significant cut to the price cap, driven by falling wholesale prices.
Millions of UK households will see a welcome reduction in their energy costs this autumn as the regulator announces a significant cut to the price cap, driven by falling wholesale prices.
Britain's energy regulator Ofgem has confirmed a significant reduction in the price cap, promising lower gas and electricity bills for most households across England, Scotland, and Wales from April.
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Ofgem's latest energy price cap increase means higher bills for most UK households from October. Discover how much more you'll pay and what support is available.
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Millions of UK households will see energy bills fall from July as Ofgem announces a significant 7% drop in its price cap. The new rate of £1,568 marks the lowest level since Russia's invasion of Ukraine, offering welcome relief to consumers.
Millions of UK households will see a welcome reduction in their energy costs this summer as the Ofgem price cap is set to fall by 7%. Get the full breakdown of the new rates and what it means for your bills.