A typical household energy bill will fall by £122 a year in July
A typical household’s energy bill will fall by £122 a year in July thanks to the new price cap - and you can calculate how much your bill will drop by using our energy price calculator.
That’s down from the current level of £1,690 a year, a difference of £122. The cap sets the maximum price for a unit of energy, not for the total bill, so households could pay more.MORE: Police took to streets in armoured cars 'to fight fire with fire' after dad's brutal assassination Our energy calculator only applies to dual fuel direct debit customers. It won't work if you have a prepayment meter or you pay on receipt of bills. These methods of paying have different unit rates and standing charges.
“While this is the lowest price cap we’ve seen in over two years, storm clouds are on the horizon with the cap predicted to rise again in October. This would mean higher rates over the winter, when we use the most energy for heating our homes.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Energy bills to fall by £122 for millions in July as new Ofgem price cap confirmedHow to take a meter reading
Read more »
New Ofgem price cap will see energy bills drop by £122 from start of JulyHousehold energy bills will fall by 7.2 per cent from the current £1,690 to £1,568 from July 1, 2024.
Read more »
Ofgem energy price cap to fall by £122 a year for millions from JulyThe regulator announced it is dropping its price cap from the current £1,690 for a typical dual fuel household to £1,568
Read more »
Energy bills to fall by £122 from July as new price cap announced by OfgemOfgem's energy price cap will fall by 7% from £1,690 to £1,568 from July 1.
Read more »
‘I’m a GP, I don’t have time to calculate PIP payments for the Government’Doctor warns they don't have capacity to provide letters detailing patients' costs as part of Government plans to shake up disability benefits
Read more »
Energy bills to fall for households from July as new price cap announced by OfgemOfgem's energy price cap will fall by 7% from £1,690 to £1,568 from July 1.
Read more »