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The Guardian - UK

Business

Jillian Ambrose Energy correspondent

Cost of household energy will fall only slightly over coming winter

Ofgem Cornwall Insight Craig Lowrey Russia Ukraine United Kingdom

A smart meter — From Saturday, the maximum amount suppliers can charge per unit of gas and electricity will fall to the equivalent of £2,074 a year for the usage of a typical household. Photograph: Tolga Akmen/AFP/Getty Images

The cost of household energy will fall only slightly over the coming winter and will remain well above historic levels despite Ofgem lowering its price cap this weekend, according to the latest forecasts.

From Saturday, the maximum amount suppliers can charge per unit of gas and electricity will fall to the equivalent of £2,074 for the usage of a typical household in a year.

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