Energy Bills Slashed: Ofgem’s Updated Price Cap Brings Relief to UK Homes

Energy Bills Slashed: Ofgem’s Updated Price Cap Brings Relief to UK Homes

The UK energy regulator Ofgem regularly sets a price cap to limit the maximum amount suppliers can charge households on default tariffs. The updated cap coming into effect now reflects lower wholesale costs and a renewed focus on affordability. For millions of households across England, Scotland and Wales, this change represents a meaningful drop in … Read more