The new cap figure is significantly lower than the previous level, which was set for the months of March-June.
This reduction in the cap is in response to the ongoing cost of living crisis.
LONDON DAILY ARCHIVE
Ofgem Announces Major Reduction in Energy Prices, Bringing Average Savings of £426 to Households
Ofgem has reduced the cap on energy prices, which will result in an average annual savings of £426 for households.
26 May 2023 · 02:21 UTC
