Ofgem: Household energy bills will fall by 7 per cent from July

Yorkshire Post

Household energy bills will fall by 7% from July, Ofgem has confirmed. 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 #energybills

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:05House-old energy bills will fall by 7% from July, Ofgem has confirmed.

00:11The typical bill will fall by £129 to £1,720 per year when the regulator's new price cap,

00:21which sets a limit on how much firms can charge customers per unit of energy, comes into force.

00:27This is £660 lower than at the height of the energy crisis at the start of 2023,

00:35when the government implemented the energy price guarantee.

00:40My name's Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.

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