On average, billpayers could save over £100 in just a couple of months
The energy price cap could by over £100 a year in a couple of months, according to latest predictions.
It highlighted that while a reduction in a price cap would be positive for billpayers, it still fails to drop bills to the pre-crisis levels. It has also raised concerns over the ongoing affordability of energy bills.Dr Craig Lowrey, Principal Consultant at Cornwall Insight: “When faced with headlines announcing minor changes to the cap it can be easy to overlook the broader trend of declines.
“While the cap is certainly not the ticket back to long-term energy bill affordability, Ofgem’s review could pave the way for fairer, more efficient energy bills. However, given the breadth of reforms being considered by the regulator, it is worth remembering that such changes will inevitably lead to trade-offs.
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.
Martin Lewis shares beautifully simple way to get £100+ from your energy firmAfter hearing Money Saving Expert Martin Lewis' advice on checking your energy credit, one happy customer received a £700 refund while another was due a whopping £1,000
Read more »
Martin Lewis shares step-by-step guide to get £100+ back from your energy firmAfter hearing Money Saving Expert Martin Lewis' advice on checking your energy credit, one happy customer received a £700 refund while another was due a whopping £1,000
Read more »
Amazon slashes price of FOREO's 'spa level' device by over £100One user of the FOREO LUNA 3 said 'I can really see improvements on how my skin looks and feels'
Read more »
Shoppers snap up egg chair for £100 off in John Lewis saleThe John Lewis garden sale sees hundreds of items reduced by up to 20% in the limited time deal including BBQ's, lounge sets, outdoor lights and more
Read more »
'I found a store giving shoppers over £100 of free Estée Lauder beauty''This is a wonderful gift set as all three products are lovely'
Read more »
Drivers warned about over-looked car part that could cost over £100 to fixIgnoring the problem could also fail an MOT, a motoring expert has warned
Read more »