Energy bills in Great Britain could fall this summer but ‘crisis not over’

The energy price cap is likely to fall from £1,849 to £1,700 in July, Cornwall Insight said. Photograph: Jeff Gilbert/Alamy

Household energy bills could drop this summer but experts have warned that “the crisis is not over” for households and manufacturers struggling to afford gas and electricity costs.

The industry regulator’s quarterly price cap is expected to fall in July by an average of £129, or 7%, according to forecasts from Cornwall Insight, a leading energy consultancy. It has predicted that the cap will fall to £1,720 a year for a typical dual-fuel household this summer, from £1,849 under the current limits.