Energy Secretary Claire Coutinho, left, and Labour leader Sir Keir Starmer spoke to broadcasters on Friday morning as election campaigning gets under way The average household energy bill will fall by 7 per cent from July, from £1,690 to £1,568.
The energy price cap changes throughout the year so both Labour and the Tories have room to cherry-pick a comparison date that makes the situation look better or worse.Energy bills were capped at £1,277 from October 2021 to April 2022.However, the energy price cap was £1,138 from April to September 2021.
The Russian invasion of Ukraine led to constraints in gas supply and policymakers were worried about shortages. At the same time, many companies ramped up production following the end of pandemic restrictions, so demand jumped. The UK imported more energy than usual last year because of domestic gas production fell to its lowest level on record, according to the Department for Energy Security and Net Zero.
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