Households are encouraged to submit meter readings as the energy price cap decreases by 7% on July 1, lowering typical bills by £129 to £1,720 annually. While this marks a £660 drop from early 2023, prices remain £152 higher than last year, with experts urging customers to explore fixed deals that could offer further savings.
Explain It To Me Like I’m 5: Households are encouraged to send in their energy meter readings before July 1, as a new price cap will lower average energy bills by £129, offering some relief from high costs, but many families are still advised to consider switching to cheaper fixed deals.
Want More Context? 🔎