A new energy price cap is now in force for millions of households. The start of April marks a drop in energy bills after Ofgem dropped the price cap. The old cap meant that the average home was paying £1,928 a year on a typical dual-fuel direct debit tariff. However, this month the unit price for electricity has fallen by 14%, while gas is down by 19%. Standing charges have increased though, with electricity going up by 13% a day and gas by 6% a day.
It means someone who was paying £500 a month for electricity will see their bill drop by 18%, and someone paying £500 a month for gas will see it drop by 14%. You can see an estimate as to how much your bill will increase from April using our energy bills calculator: Our energy calculator is only for those who use dual fuel and pay by direct debit
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MENnewsdesk - 🏆 23. / 69 Read more »
Cost of living energy bills: What is the energy price cap?The £238 fall over the year equates to around £20 saved each month for the average household in England, Scotland and Wales
Source: Observer_Owl - 🏆 18. / 72 Read more »
Source: i newspaper - 🏆 8. / 89 Read more »
Source: SkyNews - 🏆 35. / 67 Read more »
Source: MENnewsdesk - 🏆 23. / 69 Read more »
Source: Daily_Record - 🏆 9. / 89 Read more »