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2025May › 23

Ofgem

14 months ago

Households will pay over a £100 less for the energy this summer, the energy regulator confirmed today. The July price cap is set at £1,720.
The typical bill will drop by £129 to £1,720 per year when the regulator's new price cap - which sets the limit on how much firms can charge customers per unit of energy - comes into force.
Ofgem confirmed today that energy bills will drop by 7 per cent from July - impacting the bills of 35million households on a variable rate for their gas and electricity.
Reduction for July to September would see typical households pay £1,720 a year

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