The Ofgem energy price cap has fallen 12.3% to its lowest level in two years. It means gas and electricity bills have dropped by an average of £20 a month for around 29 million households across ...
Ofgem has launched a review into the future of the energy price cap in a bid to ensure it continues to protect consumers in the net zero age. Since the energy crisis began in 2021, the Ofgem cap ...
Energy supplier E.On has become the first major company to announce price rises in response to a new cap set by the regulator for the start of April. On Thursday, Ofgem said it would allow ...
Household energy bills will increase by 1.2 per cent from the current £1,717 to £1,738 from January 1, 2025.
The official Ofgem price cap will be confirmed on Tuesday, February 25. As we are only a few weeks away from the end of the assessment period, the latest predictions are looking more concrete.
The energy price cap covers 26 million households in England, Wales and Scotland and is set every three months, external by the energy regulator Ofgem. It fixes the maximum price that can be ...
About three million households are set to benefit from a tightening of the price cap on pre-payment energy meters, according to regulator Ofgem. The regulator says the move will cut the average ...
Energy bills for a typical household will fall to £2,074 per year from July under Ofgem’s new price cap – the first time the cost of energy will have dropped in two years. The price per unit ...
In April, the Ofgem price cap is now predicted to increase by up to 6 per cent, with energy suppliers anticipating a much larger price rise than initially forecast because of higher wholesale ...
The DWP will give benefits claimants money off energy bills as the new Ofgem price cap kicks in from the regulator in January after Christmas. WaterSure is a scheme which helps some people with ...
From 1 January, gas and electric bills increased for millions of households in the UK as Ofgem increased its energy price cap. The 1.2 per cent increase means that the average household will be ...