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UK energy bills to fall to about £2,200 from July as wholesale gas costs drop


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Mild weather in Europe reduces gas demand but bills will remain higher than energy price cap

Energy bills are expected to fall to about £2,200 from July in a fillip for the government and households struggling with ballooning costs.

Leading energy consultancy Cornwall Insight has predicted that, excluding government subsidies, typical annual household energy bills will have fallen from £4,279 now to £3,208 from April, and then will ease to roughly £2,200 for the remainder of the year.

Continue reading…Mild weather in Europe reduces gas demand but bills will remain higher than energy price capEnergy bills are expected to fall to about £2,200 from July in a fillip for the government and households struggling with ballooning costs.Leading energy consultancy Cornwall Insight has predicted that, excluding government subsidies, typical annual household energy bills will have fallen from £4,279 now to £3,208 from April, and then will ease to roughly £2,200 for the remainder of the year. Continue reading…