The new energy price cap explained and what it means for your bills

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The new energy price cap explained and what it means for your bills
Danmark Seneste Nyt,Danmark Overskrifter
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The energy price cap set by Ofgem is set to fall again in October - though many can reduce their bills sooner

, Ofgem is cutting the price that a supplier can charge for gas from 6.9p per kilowatt hour today to 6.89p from October 1. The price of electricity will fall from 30.1p per kWh to 27.35p.The average annual energy bill for a household paying direct debit is £1,923, while for an average prepay household it is £1,949, Ofgem said.

Last year the average family bill was £2,500 thanks to the Government’s energy price guarantee scheme, while households also got an additional £66 per month taken off their bill over winter due to other Government support.

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