England Household energy costs, the falling price cap after the offgem decreases by 7%

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Britain’s household energy bills, after 7 percent lower the price cap after 7 percent lowering the price of regulator, Sire Keir Starmer’s government has been trying to solve the high price.

Defined a level that will see the price cap in September on Friday, until July on Friday Currently 1,849 TLAfter a fall of wholesale gas expenses.

The first decrease in the price cover since July last year and will provide some flexibility for households that fight to pay energy bills.

However, typical documents are still several hundred kilograms before the end of the energy crisis, which began in late 2021.

Craig Lowrey, the basic consultant in the concept of market analysts, the reduction of the hat was “pleasant development”, but there was a risk of “many of the energy” risk.

Government “The most needed to continue to research the support support for the fact that the most needed market is not developed, including targeting support.”

This week said the government’s future withdrawal in cuts Following the winter refunds for pensioners, after a public retreat.

Utility documents helped push inflation to a high-month-old height 3.5 percent in AprilAccording to official figures released this week, reduce the expectations of interest rates from the Bank of England.

Cornwall Insight said in recent months, mild temperatures and wholesale gas expenses in connection with the prospect of slowdown in the United States.

Gas prices include the price of electricity in the UK due to an important role of gas-fired power plants.

The conservative government identifies the price cap in 2019, the internal tariffs of energy companies, according to the consumed energy unit, determine how much money can receive due to the default tariffs. Reset every three months to reflect changes in wholesale prices.