About 28 million customers are on standard rate tariffs covered by the price cap, introduced in 2019
– Most British household energy bills will fall from July after regulator Ofgem cut its domestic price cap by 7%, largely thanks to a fall in wholesale energy prices, but analysts warned the reduction could be temporary.
Ofgem's new cap of 1,568 pounds a year for average use of electricity and gas is down 122 pounds, or 7%, from the previous cap of 1,690 pounds and at its lowest since the winter of 2021/2022. The front-month wholesale British gas price has risen by about 30% since the beginning of April, LSEG data shows, partly owing to lower supply from Norway.“The anticipated rise in bills as we move into the winter months emphasises the continued volatility of the market and the importance of providing protection for vulnerable households,” said Cornwall Insight's Craig Lowrey.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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