Energy price calculator shows how your bills will change following new price cap

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.

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%.

Our energy calculator is only for those who use dual fuel and pay by direct debit. It won't work if you have a prepayment meter or pay on receipt of bills

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »

Energy bills: Take your energy meter readings this weekendThe average household in England, Wales and Scotland will pay £1,690 a year for their energy, a reduction of £238
Source: Glasgow_Times - 🏆 76. / 59 Read more »

Yorkshire Energy Park: Plans for £200m green energy park which could create 4,500 jobs approvedPlans for a £200m green energy park, which could create 4,500 jobs, have been given the green light.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Cenovus Energy To Boost Energy Production 19%Canada's Cenovus Energy will boost its energy production by 19% over the next five years, in line with pipeline capacity growth
Source: OilandEnergy - 🏆 34. / 68 Read more »

Ofgem mulls big energy price cap changes, which could see bills fallRegulator Ofgem is looking at plans to shake up the price cap, which currently sets the energy bills paid by more than 90% of the population.
Source: DailyMailUK - 🏆 7. / 90 Read more »

Ofgem explains 'extra payment' on energy bills from today despite price cap dropWhile bills are expected to fall overall for the vast majority of households, some energy customers will see an additional charge from today
Source: MENnewsdesk - 🏆 23. / 69 Read more »