Ofgem has announced its price cap will fall by almost £1,000 from April - but energy bills for households are still set to rise by £500.
The energy regulator has confirmed its price cap will drop from £4,279 a year to £3,280 from April to July for the typical home paying by direct debit.
But households are currently covered by the Government Energy Price Guarantee - which is set to increase from £2,500 a year to £3,000 from April.
