A significant fall in domestic energy bills in July will be confirmed later when the regulator sets the next price cap in England, Wales and Scotland. Analysts predict Ofgem’s decision will mean a £450 drop in a typical household’s annual gas and electricity bill, to about £2,050. It will mark the end of a government guarantee which, since October, has limited the typical bill to £2,500. It could also signal the return of competition to the market. Fixed deals have … read more »
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