Ofgem

Households urged to submit energy meter readings before price drop

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Around 10 million households are being urged to send their energy meter readings to their supplier this weekend to ensure they do not pay too much when cheaper prices come into effect on July 1. The average household energy bill will fall by 7% from next month after Ofgem lowered the price cap in response … Read more

UK energy bills are unlikely to fall in the medium term, Ofgem has warned

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Stay informed with free updates Simply log in to the British energy myFT Digest – delivered straight to your inbox. UK energy bills are not expected to fall significantly over the next decade, partly due to the costs of building out the electricity network to support the shift to renewables, the chairman of the energy … Read more