energy prices
New energy price cap forecast to be higher than previous expectations
Ofgem changes the price cap every three months based on several factors, the most important of which is the price of energy on wholesale markets.
What does the steep fall in inflation mean for UK households?
The ONS said inflation fell to 3.4% in February from 4% in January – the lowest level since September 2021.
SSE Airtricity to cut electricity prices for NI customers by 7%
The firm said average annual bills would drop by almost £90.
‘Targeted help needed for those choosing between heat and medical equipment’
The MND Association said some people cut back on their use of assistive equipment in the past 12 months in response to rising energy costs.
Labour throwing Scots ‘under the bus’ without new energy rebate, claims SNP
The party is calling for a wealth tax to fund help for lower income households.
Energy bills expected to fall £150 a year from October, say analysts
Ofgem’s next price cap will drop to around £1,925 next week, according to one energy consultancy forecast.
Energy bills forecast to stabilise but stay well above pre-pandemic levels
Cornwall Insight expects the average bill to fall to £1,860 in October before rising again to around £1,960 in January.