fromBusiness Matters
4 hours agoHousehold energy bills set to fall by 117 from April
Energy consultancy Cornwall Insight predicts that the Ofgem price cap will drop 7 per cent to £1,641 a year for a typical dual-fuel household when it is reset on 1 April. The forecast reduction is slightly smaller than Cornwall Insight's previous estimate of an 8 per cent, or £138, cut, reflecting a recent uptick in wholesale energy prices. Ofgem is due to confirm the official cap level by 25 February for the period running to 30 June.
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