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UK household energy bills to fall after Ofgem lowers price cap 7%

FT.com Friday, 23 May 2025 ()
Boost to Labour government as it tries to tackle high cost of living
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News video: Energy bills to drop in July after Ofgem decreases price cap

Energy bills to drop in July after Ofgem decreases price cap 00:36

 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...

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