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Households have been urged to send in meter readings ahead of the energy price cap falling by 7% on Tuesday. The typical household bill for those who have still not signed up to a fixed tariff 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.
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00:00Hello, I'm Greg Wright of the Yorkshire Post and here are your headlines for today.
00:05Households have been urged to send in metre readings ahead of the energy price cap, falling by 7% on Tuesday.
00:12The typical household bill, for those who have still not signed up to a fixed tariff,
00:17will drop by £129 to £1,720 per year when the regulator's new price cap comes into force.
00:25This is £660 lower than at the height of the energy crisis at the start of 2023
00:32when the government implemented the energy price guarantee.
00:36However, prices remain elevated with the upcoming level £152 higher than the same period last year.

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