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...
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..
Regulator Ofgem cuts price cap on gas and electricity charges by 7% after slump in gas market prices across Europe Energy costs will fall for millions of British... Upworthy Also reported by •Tamworth Herald •City A.M.
Friday, 23 May 2025 ()
Energy bills will fall by around £11 per month following Ofgem's price cap change.
![Energy bills to drop in July after Ofgem decreases price cap [Video]](https://video.newsserve.net/300/v/20250523/1411618204-Energy-bills-to-drop-in-July-after-Ofgem.jpg)
