Typical duel fuel energy bill expected to drop by £166 over the year amid fall in wholesale gas prices, says leading forecaster
Energy bills are forecast fall by 9% from July – equivalent to £166 for the average household annual bill – after warm weather and trade tariff uncertainty triggered a decline in wholesale gas prices.
The price cap on how much suppliers can charge for gas and electricity will fall to the equivalent of £1,683 a year for the typical household, according to the leading forecaster Cornwall Insight, down from the £1,849 a year level set in April.
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