Energy Price Cap Forecast July 2024. Read about typical household energy use and how the energy price cap is calculated on our average gas and electricity use explained page. The uk’s household energy price cap is expected to drop by more than £1,200 in july following a sharp fall in wholesale gas and electricity prices, a move that.
Energy regulator ofgem sets the. The price cap is a limit on what suppliers can charge domestic consumers per kilowatt hour of energy used, known as the unit rate, and a limit on the standing charge (p/day) which covers the cost of supplying energy to your home.
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