UK energy price cap predicted to fall to £1,823 a year

Bills likely to rise again from January and consumer groups say energy costs remain ‘dangerously high’

The typical gas and electricity bill will fall to an average of £1,823 a year from October after the regulator Ofgem announces its energy price cap next week, a leading forecaster has predicted.

According to Cornwall Insight, the cap will drop from the current July to September level – equivalent to £2,074 a year – but consumer groups have warned that prices remain “dangerously high”.

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