Ofgem trims price cap sparking fresh calls for bolder action to tackle fuel poverty

James Murray
clock • 5 min read
Ofgem trims price cap sparking fresh calls for bolder action to tackle fuel poverty

Price cap lowered by seven per cent to £1,568 for the average household, but experts warn prices likely to rise again in the autumn

Energy watchdog Ofgem has confirmed the energy price cap for the third quarter of the year is to be lowered by seven per cent, trimming the average household's annual energy bill to £1,568, a fall of £122....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Energy

How Drift 'energy ships' aim to harness ocean wind to produce clean electricity at sea

How Drift 'energy ships' aim to harness ocean wind to produce clean electricity at sea

Ben Medland, founder and CEO at Drift Energy, explains the company's vision for energy harvesting at sea, and why the firm's vessels aren't a 'moonshot'

Stuart Stone
clock 17 March 2025 • 3 min read
'The benefits are some way off': Energy industry urges government to accelerate work to deliver promised bill savings

'The benefits are some way off': Energy industry urges government to accelerate work to deliver promised bill savings

Energy UK calls for greater clarity from government on how it intends to deliver promised reforms to drive down emissions and energy bills

Michael Holder
clock 12 March 2025 • 7 min read
Ofgem fast-tracks tool to boost flexible energy market participation

Ofgem fast-tracks tool to boost flexible energy market participation

Launch date for system designed to make it easier for aggregators to register flexible assets is brought forward by a year to 2027

Stuart Stone
clock 10 March 2025 • 4 min read