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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Home energy bills likely to remain high, says British Gas owner

Gas hob with a bill from British Gas.
Energy bills will fall this Saturday when Ofgem lowers its price cap, but the cap is still about £800 higher than it was before Russia’s invasion of Ukraine. Photograph: Owen Humphreys/PA

British Gas has said household energy bills are likely to remain high for the foreseeable future as wholesale market prices remain at more than double the normal level.

The UK continues to face risks to its gas supplies after Russia’s invasion of Ukraine, according to the chief executive of the energy supplier’s parent company, Centrica. Chris O’Shea said: “the first act of the crisis” was over but there was a “danger” that people could become complacent.

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