Energy bills: how much will you save this year?
Households get some relief with Ofgem’s price cap cut
The Standard · Rachelle Abbott
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Show Notes
Households in Britain will soon potentially be saving over £200 on those sky-high energy bills.
Gas and electricity charges are set to fall by 12.3 per cent in April to their lowest level since Russia’s full-scale invasion of Ukraine two years ago.
Regulator Ofgem announced the cap for the average annual household dual fuel bill will be £1,690 - that’s a saving of £238 over one year, which applies to the April to June quarter.
Plus, how City economists predict cutting the energy tariff cap will help inflation drop to as low as two per cent in April.
Evening Standard business editor Jonathan Prynn has the latest in this episode of The Standard podcast.
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