Energy bills fall by £238 for millions TODAY as new price cap comes in – and how to get help if you’re stru...

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What is the energy price cap?

has dropped from £1,928 a year to £1,690 a year for a typical household that pays their bill by direct debit.The regulator defines this typical household as one that has two to three occupants and uses 2,700 kilowatt hours of electricity and 11,500 kWh ofMartin Lewis issues energy bill warning as 'cheap fixed deal' could shut in days

But the smallest households, containing just one or two occupants, should expect to pay £1,228 a year based on a consumption of 7,500kWh of gas and 1,800kWh of electricity. Multiply your usage in kWh by the unit rate cost in p/kWh for the corresponding fuel type - this will give you your usage costs. Divide this figure by 12, and you'll be able to determine how much you should expect to pay each month from April 1.Prepayment meters are a pay-as-you-go solution for energy usage.This used to be one of the most expensive payment options. However, Ofgem has brought prices more in line with those who pay by direct debit.will cut the price a supplier can charge for those on gas prepayment meter from 7.24p per kWh today to 5.28p from April 1.

 

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