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business5h ago

UK energy bills to fall by £117 a year, offering some relief to household budgets – business live

https://www.theguardian.com/business/live/2026/feb/25/uk-energy-bills-cap-gold-price-markets-economy-obr-business-live-news-updateshttps://www.thetimes.com/business/economics/article/energy-bills-to-fall-by-117-from-april-hnjt9b323https://www.dailystar.co.uk/news/latest-news/ofgem-energy-price-cap-drop-36776591
Theguardian.com and 5 more
UK energy bills to fall by £117 a year, offering some relief to household budgets – business live Open in Theguardian.com
Highlights
  • The energy price cap will drop by 117 from 1,758 to 1,641, a reduction of 117, with bills for a typical household expected to fall from 1,758 to 1,641.
  • A typical household using electricity and gas will see its bills slashed by 117 for three months, or around 10 per month.
  • However, some fixed tariffs can be lower than the energy price cap, so it might be worth shopping around for the best rates, according to Money Saving Expert Martin Lewis.

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References

Energy bills to fall by £117 from April

Energy bills to fall by £117 from April

Ofgem energy price cap to drop massively from April 2026 – how it impacts you

Ofgem energy price cap to drop massively from April 2026 – how it impacts you

Energy price cap to fall in April but threat of war hangs over outlook

Energy price cap to fall in April but threat of war hangs over outlook

Here's how much your energy bills will fall by in April

Here's how much your energy bills will fall by in April

Energy bills to fall by £117 as Ofgem reduces price cap by 7%

Energy bills to fall by £117 as Ofgem reduces price cap by 7%

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