Energy bills are expected to fall below £2,500 from July as a drop in wholesale gas prices eases some of the pressure on Britons struggling to cope with the cost of living crisis.
Analysis by Investec has forecast that the cap on annual energy bills will fall to £2,478 for an average bill in the summer, down from its previous estimate of £2,640 earlier this month, and average £2,500 a year in the second half of 2023.
