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Bristol Post
Bristol Post
World
Toby Codd

Martin Lewis says energy prices will drop 'considerably' in July

Martin Lewis Neil Kenward Money Saving Expert Ofgem DWP

Ofgem has confirmed that UK households will pay "considerably" less for their energy bills from July. Martin Lewis spoke with a director from the energy regulator on ITV's Good Morning Britain last Wednesday (May 17).

It comes as Ofgem is set to confirm the new Price Cap rate today (May 24). The rate, which will be introduced on July 1, is set to fall below the Government's current Energy Price Guarantee.

Speaking on Good Morning Britain, Martin said: "I'm predicting a drop of 17.5 per cent when the price cap comes out in July. Am I about right?"

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