Typical household energy bills will fall to their lowest level for two years

The regulator Ofgem is lowering its price cap after a reduction in wholesale prices.

Typical household energy bills will fall to their lowest level for two years from April.

The regulator Ofgem is lowering its price cap after a reduction in wholesale prices.

It will mean a saving of around £20 per month on average for a dual fuel household.

However, the cost of gas and electricity will remain well above pre-pandemic levels.

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