Household energy bills will drop by 7% from July, the energy regulator Ofgem announced on Friday.
Ofgem's announcement is the first drop in the energy price cap for more than a year. Energy secretary Miatta Fahnbulleh welcomed the announcement, saying: "Bills going down will be a big relief for...
Money Saving Expert Martin Lewis welcomed the price cap drop with caution saying it's “nothing to write home about”. It comes as households across Britain are expected to see their energy bills..
Households on the energy price cap will see a 7% reduction in their average annual payments from 1 July, Ofgem has confirmed. Ofgem's Tim Jarvis urged households on the price cap to "shop around" for..
UK households are set to see a modest drop in their energy bills this summer, after regulator Ofgem revealed a seven per cent cut to its quarterly price cap –... City A.M.
Friday, 23 May 2025 ()
Ofgem has announced the price cap will fall from £1,849 to £1,720 on July 1.
![Martin Lewis sceptical about price cap update [Video]](https://video.newsserve.net/300/v/20250523/1411642968-Martin-Lewis-sceptical-about-price-cap-update.jpg)
![Ofgem confirms 7% drop in prices [Video]](https://video.newsserve.net/300/v/20250523/1411621120-Ofgem-confirms-drop-in-prices.jpg)
