Ofgem Cuts Energy Price Cap to £1,923

Ofgem Cuts Energy Price Cap to £1,923
Photo of an online energy bill, Feb. 3, 2022. Jacob King /PA Media
Lily Zhou
Updated:
0:00

Ofgem has lowered the cap of typical household bills to below £2,000 for the first time since Russia invaded Ukraine.

In the three months from Oct. 1, the energy price cap will be £1,923, down from the current level of £2,074, for customers paying via direct debit.

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