Ofgem lowers energy price cap by £1,000 but bills are still set to rise

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Ofgem lowers energy price cap by £1,000 but bills are still set to rise
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BREAKING: The energy price cap will be cut by £1,000 from April, it has been announced.

The cap on the amount households pay on electricity and gas bills will fall by £1,000 from April.

Ofgem has today lowered the average amount suppliers are allowed to charge to £3,280, a notable drop from the current £4,279 per year. Customers using a lot of energy will still have higher bills, but this reflects typical usage levels.Got a story? Get in touch with our news team by emailing us at

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