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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

Energy price cap in Great Britain to fall to £1,690 from April, its lowest in two years

Great Britain
The new energy price cap will apply from April to June before it is adjusted again in July.
The new energy price cap will apply from April to June before it is adjusted again in July. Photograph: Christopher Thomond/The Guardian

The energy price cap in Great Britain will fall by £238 to £1,690 this spring thanks to a mild winter and lower gas prices, easing pressure on household finances.

Set by energy regulator Ofgem, the cap reflects the average annual bill for 29 million households in England, and takes effect from April. It is a 12.3% reduction from £1,928 in the current quarter.

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