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Evening Standard

Business

Jonathan Prynn

Energy bills forecast to fall by 7% in the summer

Ofgem Cornwall Insight Cornwall Insights

The price cap on average household energy bills is expected to fall again this summer to £1574 a year, according to leading industry analysts.

Cornwall Insights said its forecast represented a 7% drop from the current level of £1690. Regulator Ofgem will announce the new price cap for the July to September quarter next Friday.

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