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Glasgow Live
Glasgow Live
National
Andrew Quinn & Sophie Buchan

Ofgem energy price cap in Scotland explained - everything you need to know

It has been announced by Ofgem that there will be a drop to its energy price cap from the current £3,280 per year to £2,074 for the average household - including those in Scotland.

The change will come into force from July 1 of this year due to falling wholesale energy prices.

The lower cap will replace the Government’s Energy Price Guarantee (EPG), which currently limits the typical household energy bill to around £2,500, meaning the typical annual bill will fall by around £426.

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