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Evening Standard

Henry Saker-Clark

Energy price cap set to fall by 7%, according to forecasts

Ofgem Cornwall Insight United States

Energy bills are set to fall when a new price cap comes into force in July (Jacob King/PA) - (PA Wire)

Household energy bills are set to fall by around 7% in July, according to new forecasts.

The typical household energy bill is expected to fall by £129 to £1,720 per year when regulator Ofgem’s new price cap comes into force, experts at Cornwall Insight have predicted.

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