British energy bills to fall as price cap cut by 7%

Typical households will pay £1,641 per year, down from £1,758 after energy efficiency scheme scrapped

Energy bills will fall by £117 for millions of households in Great Britain from April

Ofgem cap drops by 7% to £1,641 a year for consumers’ average gas and electricity costs Annual energy bills will fall by £117 for millions of households from April after Rachel Reeves’s plan to cut £150 a year from bills was partly foiled by rising costs. The energy regulator Ofgem’s quarterly cap will fall by 7% a year for the three months from April to £1,641 for the average combined gas and electricity bill, from £1,758 under the current January-March cap. Continue reading...

By Jillian Ambrose Energy correspondent

What the Ofgem price cap change means for your energy bill

This latest change comes after Chancellor Rachel Reeves promised an £150 cut to average household bills

By Josie Clark

British energy bills fall but remain 30 per cent above pre-crisis levels

Most British households will see lower energy bills from April, energy regulator Ofgem said on Wednesday after cutting its price cap by 7 per cent under government measures to ease costs. The move follows plans set out in last year’s budget to shift some renewable energy costs to general taxation and scrap a scheme requiring […]