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Britain’s energy price cap falls to £2,074 but households will see little relief

The Guardian LogoThe Guardian2w ago

Britain’s energy price cap falls to £2,074 but households will see little relief

Quick Summary

Consumers still paying almost twice as much for gas and electricity than in October 2021 despite lowering of Ofgem’s capBritain’s energy price cap cut: how the changes affect youBusiness live: all the latest newsGreat Britain’s energy price cap has fallen to £2,074 a year, but the average household will still pay almost double the rate for their gas and electricity than before costs started to soar.

Around 27m households can expect a modest drop in energy bills this summer after the regulator Ofgem lowered the cap on the typical annual dual-fuel tariff to reflect a steep drop in global energy prices over recent months.Continue reading...

And after months of inflation and the wider cost of living crisis, people are even less able to afford these high energy bills.


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Britain’s energy price cap falls to £2,074 but households will see little relief - The Guardian (Picture 1)

News Analysis

Author / Journalist: Jillian Ambrose

Category: Nation Politics

Topics: Household bills Money Fuel poverty Regulators Business Poverty Gas Ofgem Energy bills Society Energy industry Consumer affairs

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: theguardian.com

Readership Location: United Kingdom

Published Date: 2023-05-25, 06:03:32

News Timezone: GMT +8:00

Language: English

Original Article Length: 845 words

Reading Duration: 5 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1392290

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About Publisher

The Guardian Logo

Name: The Guardian

Main Topics: NationPolitics

Official Website: theguardian.com

Last Update: 8h ago

Headquarters: United Kingdom

Coverage Areas: United Kingdom

Publication Owner: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #83

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