Energy bills are set to dip by another 7.7% in July, on top of next week’s sharp fall, but will rise again by next winter, sector experts project.
Energy consultancy Cornwall Insight has published its latest projections for the Energy Price Cap. Based on current wholesale energy prices and futures markets, Cornwall predicts that the cap figure will fall to £1,560 on 1 July. However, it will then rise to £1,631 on 1 October, before remaining close to unchanged at £1,634 for the three months from 1 January.
