Households could save £440 a year on their energy bills from this summer and more fixed-rate deals could return, according to latest predictions.
Analysts at Cornwall Insight have today said they expect the Ofgem price cap to fall to £2,062.91 a year for average use from this July.
This could also spark the return of cheaper fixed rates, they said, after energy firms all pulled these deals when prices started rising in October 2021.