UK energy bills are set to fall to the lowest level in two years as wholesale prices continue to decline rapidly. The new price cap will lead to a reduction in the typical energy bill by £238 to £1,690 from April, a significant decrease from previous levels. Ofgem is lowering the price cap by 12.3% in response to falling global gas prices, with the average household energy bill expected to decrease by around £300. The drop in prices is the largest since 2022, benefiting millions of households and marking the lowest energy bills since the Russian invasion of Ukraine.
Some thoughts on UK utility bills and "net zero" .... From April, households using an average amount of energy will face an annual bill of £1,690 for their combined gas and electricity – down from £1,928 between January and March – after regulator Ofgem lowered the energy price…
British energy bills to fall to lowest in two years after price cap cut https://t.co/pn3rro16GK
It is great news that energy bills will fall by £238.00 on average from April – households across #Erewash will be paying the lowest amount for their energy since Putin’s illegal invasion of Ukraine 2 years ago. I know this announcement will be welcomed by many across #Erewash https://t.co/wOQAVtNAE8
Millions will pay less for their gas and electricity from April 1, after energy regulator Ofgem lowered its price cap. This is how much you will save on your bills ⬇️ https://t.co/AxIAgKbRkV
Energy bills for most households in Britain will fall by £238 to an average of £1,690 a year from April 1, the lowest level since the Russian invasion of Ukraine ⬇️ https://t.co/5qF1QMnM3F
The average household energy bill is to fall to its lowest point in two years from April after Ofgem lowered its price cap in response to wholesale prices https://t.co/RFEGAUSwxn
🚨🚨🚨 Ofgem energy price cap to fall by over £230 - BIGGEST decline in bills since 2022 🚨🚨🚨 https://t.co/HMyRcEa3Uz
The energy price cap is to fall by £20 a month, the industry regulator has announced, but households are to face an additional "temporary" charge to help suppliers support struggling customers with record levels of debt Read more 👇 https://t.co/JVcUpZL955
UK energy bills to drop 12% from April to a 2-year low https://t.co/P1qY2uztNA via @EamonFarhat https://t.co/s746L0qIXe
Typical energy bill to fall £238 a year from April under new price cap https://t.co/eIbWHdCvbt
Energy prices are coming down by £238 to the lowest level in two years. From April, the average bill will be £1,690. This is a significant reduction from where prices were at their peak and the lowest level since Putin invaded Ukraine.
British energy bills to fall after 12% price cap cut https://t.co/YJxOTtmuIR https://t.co/XuywPHvezt
The average household energy bill is to fall to its lowest point in two years from April after Ofgem lowered its price cap in response to wholesale prices. The regulator announced it is dropping its price cap by 12.3% from the current £1,928 for a typical dual fuel household in https://t.co/cDF321QUu6
In case you missed it: Britain’s household energy price cap is set to fall by 12% in April following a fall in wholesale gas and electricity prices https://t.co/vmQwMWySG1 https://t.co/cYh67Y1prp
Breaking: Household energy bills to fall to lowest point in two years - saving millions of households £238 a year https://t.co/rpQJm2PVrR https://t.co/s8xXlkxrqm
The typical energy bill will fall to £1,690 from April to the lowest for two years under the new price cap set by the regulator. https://t.co/rPdmlQGV0i
'Household energy bills are expected to fall by around £300' The energy price cap is expected to be reduced from 1st April, as global gas prices slide. https://t.co/uht4MR7iYc
Typical energy bill to fall by £238 under new price cap https://t.co/9EYNea9kHf
UK energy bills are set to fall to the lowest level in two years as wholesale prices continue to decline rapidly https://t.co/ig5ebAgYq7