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Wales Online
Wales Online
National
Neil Shaw

Experts explain what huge change in energy bills at midnight means for you

Households will pay less for their gas and electricity from Saturday amid warnings that bills will still be almost double the amount they were before the energy crisis began.

The average household energy bill will fall by £426 a year from July 1 after Ofgem dropped its price cap following tumbling wholesale prices.

The regulator is cutting its price cap from £3,280 to £2,074 in a relief for consumers who have seen typical bills soar from £1,271 a year in October 2021 due to the global gas crisis.

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