Overview
- The new cap will apply from July 1 to September 30, saving a typical household £11 per month compared to April–June levels.
- Average annual dual-fuel bills will drop to £1,720 under direct debit plans, down £129 a year from the current cap.
- Home electric vehicle charging costs will fall too, with a full 60 kWh charge dropping from £16.21 to £15.43.
- Despite the cut, energy bills remain markedly above pre-crisis levels and still strain low-income households.
- Ofgem is assessing how fixed standing charges contribute to inequality and experts call for targeted support and deeper policy reforms.