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

Millions will face fuel poverty despite Ofgem move to cut energy price cap

Ofgem Poverty National Energy Action Peter Smith Electricity Great Britain
A mobile phone showing an online energy bill, beside notes and coins
The energy regulator is poised to cut the price cap for the average customer from £2,500 a year to £2,053. Photograph: Jacob King/PA

The energy regulator Ofgem is poised to announce a lower cap on energy bills on Thursday, making gas and electricity cheaper across Great Britain, but the reduction will still leave an estimated 6.5m households in fuel poverty.

Under Ofgem’s price cap, which will take effect from July, the average gas and electricity bill will fall from £2,500 a year under the government’s energy price guarantee to just over £2,053, according to estimates from energy analysts at Cornwall Insight.

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