Average household energy costs fall to lowest point in two years
The average household energy bill will fall to its lowest point in two years from Monday after Ofgem lowered its price cap in response to wholesale prices.
In some long-awaited good news for energy customers, the regulator’s price cap has dropped by 12.3% from the previous £1,928 for a typical dual fuel household in England, Scotland and Wales to £1,690, a fall of £238 over the course of a year or about £20 a month.
The average household on a standard variable tariff (SVT) is expected
