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Kezia Reynolds

Energy bills to fall by an average £129, say Ofgem - what you need to know about the July energy price cap

Ofgem Future Plc James French Direct Debit
Smart meter on kitchen shelf.

For the first time this year, energy bills are expected to drop, as the energy regulator Ofgem announced this morning a 7% reduction of the energy price cap for the period of July to September.

This means that energy bills will fall by £129 for an average household using a typical amount of gas and electricity. This follows April’s price cap announcement, which saw an increase of 6.4% and a rise of £111 per typical household.

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