Summary
Energy bills in England, Wales, and Scotland are set to decrease in April following government changes. The cost reduction will vary by household, and more information will be announced soon. The fall is mainly due to removing certain charges from bills and adjusting other costs.
Key Facts
- Energy bills will decrease in April due to government changes.
- The specific amount each household saves will differ.
- Ofgem, the energy regulator, will announce a new price cap soon.
- Households on variable tariffs may see a 7% bill reduction.
- Some billing charges are being moved to general taxation.
- The Energy Company Obligation scheme is being discontinued.
- Electricity price per unit will decrease, benefiting high electricity users most.
- Overall energy prices remain high compared to past levels.
- Households can potentially save £200 more by switching to a fixed-rate energy deal.
