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The Latest Breaking News from Ofgem

Energy bills to fall in weeks as Ofgem lowers price cap

It's the first time the price cap has lowered in more than 18 months

Manchester Evening News · May 25, 2023

Ofgem lowers price cap but 'households could still struggle', says regulator

Ofgem is lowering its energy price cap from the current £3,280 per year to £2,074 for the average household in England, Wales and Scotland,…

The National (Scotland) · May 25, 2023

Energy bills to fall from July after cut to Ofgem’s price cap

Everyone will see their bills come down

Wales Online · May 25, 2023

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Energy bills set to drop as Ofgem announces new price cap of £2074

New cap brings gas and electricity prices below the Government's £2,500 Energy Price Guarantee from July

Chronicle Live · May 25, 2023

Ofgem announces new energy price cap which will see household bills drop nearly £430 a year from July

Standing charges will remain the same at around £300 a year.

Daily Record · May 25, 2023

Ofgem announces new lower energy prices and here's what you'll pay

Here's how much you can expect your energy bills to go down by

Liverpool Echo · May 25, 2023

Households to be more than £400 a year better off as Ofgem energy cap slashed

Households will be more than £400 a year better off on average from July after the cap on energy bills was slashed following steep falls in wholesale gas and electricity prices.

Evening Standard · May 25, 2023

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Martin Lewis explains what it means for you as energy bills slashed

The change starts in July

Wales Online · May 25, 2023

Ofgem’s energy price cap cut: how the changes affect you

What are the likely savings and what help is still available for bills – all you need to know about Ofgem’s move

The Guardian - UK · May 25, 2023

Ofgem price cap drops by £1,206 in energy bills boost - what this fall means for you

The cost of living crisis continues to rumble on but there is gold in the hills as Ofgem announces their July energy price cap - and it is £1,206 cheaper than it is now

Daily Mirror · May 25, 2023

Ofgem energy price cap falls to £2,074 but households will see little relief

Consumers still paying almost twice as much for gas and electricity as in October 2021 despite cut by regulator

The Guardian - UK · May 25, 2023

Ofgem cuts energy price cap — as exact date your bills will drop is revealed

The price cap rocketed from £1,162 a year for a typical household in August 2021 to £3,280

The Independent UK · May 25, 2023

Jeremy Hunt doesn’t rule out further energy bill support, after Ofgem lowers price cap; UK borrowing costs climb – as it happened

The average household energy bill will fall by £426 a year from July after Ofgem dropped its price cap following tumbling wholesale prices.

The Guardian - UK · May 25, 2023

Huge announcement today will change energy bills for everyone in the country

The regulator will announce its latest energy price cap on Thursday

Wales Online · May 25, 2023

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Chronicle Live · May 24, 2023

The exact date your energy bills will drop after new price cap is announced

Regulator Ofgem is set to unveil the lower cap tomorrow morning but don't expect lower bills until the summer

The Guardian - UK · May 24, 2023

Millions will face fuel poverty despite Ofgem move to cut energy price cap

Crisis ‘far from over’, warn campaigners as an estimated 6.5m households across Great Britain will still struggle to pay bills

The Independent UK · May 24, 2023

Martin Lewis explains how first energy price drop in two years will affect you

It is expected the cap will drop by £450 to £2,054 a year

Wales Online · May 24, 2023

Martin Lewis says energy costs will drop within hours but there's a lot you need to know

It is expected that energy costs will drop for the first time in two years

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Birmingham Post · May 24, 2023

TalkTalk welcomes lower prices ruling after BT's Openreach plans get green light

The plans – called Equinox 2 – were criticised by BT’s competitors, such as Virgin Media O2

Liverpool Echo · May 24, 2023

Households from July to be '£446 better off' predicts Martin Lewis

Energy bills are set to drop according to predictions

Daily Record · May 24, 2023

How inflation drop to 8.7% will impact your household budget, savings and mortgages over next few months

Some monthly mortgage repayments are expected to increase by around £200 a month this year.

Daily Record · May 24, 2023

Martin Lewis shares new energy need-to-knows as price cap set to drop 'considerably' this summer

The consumer champion warns daily standing charges are unlikely to drop despite the new energy price cap.

Bristol Post · May 24, 2023

Martin Lewis says energy prices will drop 'considerably' in July

The Money Saving Expert is predicting a drop of around 17.5 per cent

The Independent UK · May 24, 2023

June dates for DWP cost of living payments, benefits and pensions

Help available as more than 10m Britons struggling with bills, according to new study

Nottingham Post · May 23, 2023

Ofgem new energy price cap to be announced - and how it will affect your bills

Ofgem is set to confirm the new energy price cap within days

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