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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose

Ofgem energy price cap falls to £2,074 but households will see little relief

Woman holding smart energy meter in kitchen
Most people will not feel better off despite the lower fuel cap, fuel poverty campaigners say. Photograph: monkeybusinessimages/Getty Images/iStockphoto

Great Britain’s energy price cap has fallen to £2,074 a year, but the average household will still pay almost double the rate for their gas and electricity than before costs started to soar.

About 27m households can expect a modest drop in energy bills this summer after the regulator Ofgem lowered the cap on the typical annual dual-fuel tariff to reflect a steep drop in global energy prices over recent months.

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