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    Household energy bills to fall by £122 from July as Ofgem announces new price cap

    by Miriam Burrell May 24, 2024 2 minutes
    Source: PA Wire

    Average annual household energy bills will fall by £122 in July, it was announced on Friday.

    Ofgem announced on Friday that the average household energy bill will drop by 7% from July 1, when the latest change to the regulator’s price cap takes effect.

    Ofgem's energy price cap will fall from £1,690 to £1,568 for a typical dual fuel household in England, Scotland and Wales.

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