A closely watched forecast suggests that while the taxpayer may be off the hook for energy support to households from the summer, bills will still be very high by historical standards.
introduced by Liz Truss's short-lived government on 1 October, protects families from rises in energy costs by limiting the amount energy companies can charge per unit of energy used.
Prices have already fallen from the high in August but it will take time for the effects of price decreases to work their way to customers. Full effects will not be seen until the third quarter of the year, from July to September, as energy suppliers buy energy ahead of time and falling day to day prices have a limited impact in the short-term.
"While it is positive to see a drop in the price cap forecast, household bills are set to remain high," said Dr Craig Lowrey, principal consultant at Cornwall Insight said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New cash payment to help with energy bills will begin in spring for millions, government announcesOn top of the spring payment will also be a separate £150 for more than six million people with disabilities and £300 for over eight million pensioners as well as their Winter Fuel Payments.
Lire la suite »
What changes you will see to your energy bills in NI this monthWe have put together a list of what changes are coming in this month and what it could mean for the typical annual household energy bill
Lire la suite »
Full list of energy saving tips which could slash your bills by up to £1,666MILLIONS of households could slash their bills by up to £1,666 by making some simple energy saving tweaks. Leaving items on standby and using your appliances inefficiently could be adding hundreds …
Lire la suite »
EU Works On Overhaul Of Power Market To Lower Energy Bills | OilPrice.comThe EU Commission is working on proposals to decouple gas prices and renewable energy prices, potentially leading to lower wholesale energy prices for consumers
Lire la suite »
British household energy bills likely to be lower after warm weather\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
Lire la suite »
British household energy bills likely to be lower after warm weather\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
Lire la suite »