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Evening Standard
Evening Standard
Josie Clarke

Ofgem to confirm latest energy price cap for household bills

Ofgem is expected to confirm that household energy bills will fall by around 7% from July when it updates its latest price cap on Friday.

The typical bill is expected to fall by £129 to £1,720 per year when the regulator’s new price cap – which sets the limit on how much firms can charge customers per unit of energy – comes into force, experts at Cornwall Insight have predicted.

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