Energy costs and fall for millions of british houses this summer after industry watchdog cut the price cap to the typical annual dual-fuel certificate with 7% to £ 1,720.
In the industry regulator for Great Britain, OfgemThe cap to the gas and electricity charges to fall from July in equivalent of £ 129 year to average home after sharp in Europe in Europe’s gas market prices.
Despite the drop, which follows three continued quarterly increased, typical family will still pay about £ 600 year more in the annual certificate than before Russia’s Invasion of Ukraine Three years ago.
The 9m families to buy their energy by variable tariffs will see the immediate impact on the laoreet as cap takes effect on July. But Bill Payers could still face higher bills if you use more than a typical amount of energy.
This is what the cap, which is recalculated every three months, the limits rate energy mainstream can charge customers for each unit of gas and electricity – no total certificate.
OfGE could be lower cap to a slump in the gas market price in Europe, which helped to cut costs for energy film.
Price Price for European Gas tumbled a highs of almost € 58 (£ 49) by Megawatt-Hour (MWH) in February in the UK to the 78p market / th.
Cheaper gas is inferior costs at home heating, but also not releases the cost of electricity in the UK, because the great reason generated in the gas control plants.
New Price cap is probably the dispute debate on the UK’s industry. A reminder of the British houses do not pay their energy laoreet by direct debit month because it is not enough money in the bank accounts According to the official government information.
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More than 2.7% of Direct due price for gas and electricity defalted in April because of insufficient funds in the latest figures published in Office for National Statistics revealed.
The rising industry default figures are expected to lead to the overall overall energy due to arrears, which reaches the record £ 3.8bn at the end of September last year. More than double debt shoulders of the houses start 2022.