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The Independent UK
The Independent UK
Rebecca Whittaker

Ofgem confirms energy bills are set to fall by £129 under latest price cap

Ofgem Donald Trump Oil Harvard University United States
Ofgem’s new price cap will come into force in July - (PA Wire)

Ofgem has confirmed household energy bills will fall by around 7 per cent from July in its latest price cap update.

The regulator said on Friday that the typical bill is expected to fall by £129 to £1,720 per year when its new price cap comes into force.

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