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Worst Energy Crisis: Resolved?

Tomorrow (25 August), Ofgem will announce the new level of the energy price cap, for 1 October to 31 December. Based on the latest analysis by Cornwall Insight, the typical annual dual-fuel energy bill is expected to fall and be around £1,925.

Living costs and discretionary support

As of June 30, 2023, the Energy Price Guarantee has been discontinued and replaced by the Ofgem price cap. Consequently, households can expect to pay an average annual energy bill of approximately £2,100.