institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Energy Bills to Drop for UK Households by £129 After Ofgem Price Cap Change

  • Ofgem announced that the energy price cap will drop by about £129 from July 2025, lowering average household bills across Great Britain.
  • This adjustment reflects a decrease in wholesale gas and electricity costs, influenced by the usual drop in demand during summer and anticipated signals from the market.
  • Despite the cap decrease, average energy bills remain nearly 10% higher than last year and 65% above winter 2020/21, with fixed tariffs still offering better savings.
  • Simon Francis noted that although short-term relief is welcome, long-term issues persist, and the Warm Homes Plan offers a needed fix for affordability and energy security.
  • Without urgent reform and sustained investment, millions will face ongoing hardship from unaffordable bills, volatile fossil fuel costs, and rising operational pressures on suppliers.
Insights by Ground AI
Does this summary seem wrong?

26 Articles

All
Left
4
Center
8
Right
2
Telegraph & ArgusTelegraph & Argus
+3 Reposted by 3 other sources
Center

Energy Price Cap: Ofgem drops cap by £129 from July

Energy bills will fall by xxx, as Ofgem announced a decrease to the energy price cap, but prices are still 65 per cent higher than five years ago

·Bradford, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources are Center
57% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

GB News broke the news in London, United Kingdom on Friday, May 23, 2025.
Sources are mostly out of (0)