Energy bills to fall by up to £95 a year for millions of households as regulator reduces price cap
Around 15 million households will see their gas and electricity bills reduced by up to £95 after the energy regulator reduced its price cap.
Ofgem said the new cap will mean suppliers pass on savings from lower wholesale energy prices to customers.
An average household will pay £1,042 per year for gas and electricity after the change comes into force on 1 October, Ofgem said.
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