It’s always a pleasure to be the bearer of good news – and today, we get to do just that as Ofgem announced a significant drop in the energy price cap for the second quarter of the year, which will take effect on 1st April. The UK’s independent energy regulator set the April energy price cap for homes using both gas and electricity (also known as dual-fuel households) paying by direct debit at £1,690.
This new figure is lower by 12.3% compared to the current January energy price cap, which equals to a drop of £238. This is set to save customers about £20 a month going forward.
