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Manchester Evening News
Manchester Evening News
Business
Kieran Isgin

Ofgem energy price cap announcement this week - what's expected and how it will affect your bills

Ofgem EPG

Energy regulator Ofgem is set to announce the latest change to the energy price cap this week, affecting energy bills all across the country.

Currently, household energy bills are covered by the government's Energy Price Guarantee (EPG), which stands at £2,500 based on a yearly average bill. Meanwhile, Ofgem's current price cap is at £3,280 a year.

However, bills could soon drop following Ofgem's announcement on Thursday, May 25.

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