Image: Chones/ Shutterstock
Britain’s energy regulator, Ofgem implemented its latest price cap on 1st April.
This adjustment lowers the energy price cap from £1,928 to £1,690 annually, constituting a reduction of approximately 12%.
The actual amount paid will vary based on household energy consumption, geographical location and meter type.
However, despite this reduction, bills will still exceed the pre-crisis standard.
For the period spanning 1st April to 30th June 2024, the electricity rates for those on standard variable tariffs and paying via direct debit will average at 24.50 pence per kilowatt hour (kWh), with a daily standing charge of 60.10 pence.
Similarly, for gas, those on standard variable tariffs and paying via direct debit will face an average rate of 6.04 pence per kilowatt hour (kWh), alongside a daily standard charge of 31.43 pence.
These figures encompass averages across England, Scotland, and Wales, inclusive of VAT.
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