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Why the energy price cap has come down for April - to what could be a new normal

Sky News Friday, 23 February 2024
The reduction in the Ofgem price cap that will apply from April may be the final step on the long, ruinously expensive road to a new normal for consumer energy prices. 
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Office of Gas and Electricity Markets Office of Gas and Electricity Markets United Kingdom government non-ministerial department

Ofgem boss: We need to make sure customers are looked after [Video]

Ofgem boss: We need to make sure customers are looked after

The Chief Executive of Ofgem Jonathan Brearley has stressed the “need for a long term solution” as the industry announces the energy price cap will fall by £238 to £1,690 this spring. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:26Published
Govt: Good news for families as energy bills to fall [Video]

Govt: Good news for families as energy bills to fall

The energy security secretary says the announcement that the average household energy bill is to fall to its lowest point in two years from April is "good news for families". Claire Coutinho says this will reduce the average energy bills by £250, as Ofgem lowers its price in response to wholesale costs. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:38Published

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