Energy price cap to cut bills by 7% from July, but households still under strain
Friday, 23 May 2025 () Energy bills across the United Kingdom will drop by 7% from July 1, following a decline in wholesale gas prices, according to new figures from the energy regulator Ofgem. The cut to the price cap, announced on Friday, will lower annual bills for a typical household paying by direct debit to £1,720 — a modest […]
Households on the energy price cap will see a 7% reduction in their average annual payments from 1 July, Ofgem has confirmed. Ofgem's Tim Jarvis urged households on the price cap to "shop around" for savings as there are "better deals out there" despite the reduction in the default tariff. Report by...
Money Saving Expert Martin Lewis welcomed the price cap drop with caution saying it's “nothing to write home about”. It comes as households across Britain are expected to see their energy bills..
Household energy bills will drop by 7% from July, the energy regulator Ofgem announced on Friday.
Ofgem's announcement is the first drop in the energy price cap for more than a year. Energy..
President Donald Trump has signed a series of executive orders repealing key Biden-era energy regulations. These include controversial standards imposed on gas water heaters, household appliances,..
Friday, 23 May 2025 ()
Energy bills across the United Kingdom will drop by 7% from July 1, following a decline in wholesale gas prices, according to new figures from the energy regulator Ofgem. The cut to the price cap, announced on Friday, will lower annual bills for a typical household paying by direct debit to £1,720 — a modest […]
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