Regulator Ofgem has cut the energy price cap for the last three months of the year by £150, but the end to support schemes means millions of households are still set to pay more for energy than in 2022.
The new cap of £1923 per year will apply from October to December, when households are likely to turn their heating back on. It is almost £600 lower than the £2500 Energy Price Guarantee that superseded the cap last winter.
