In response to yesterday’s announcement, the energy sector has united in a call for stronger support for UK households struggling to pay their energy bills.
Ofgem has today confirmed (27 February) that the energy price cap will be set at £3,280 for typical dual fuel households. Despite a £1000 reduction from the current cap however, households will see no benefit as bills continue to rise.
Consumers can save an average of £273 by switching to a green supply from a standard variable tariff (SVT) offer by the Big Six energy suppliers as the rise in renewable electricity has meant going green has never been more affordable.