Cap on average dual-fuel bill is to be reduced by 7% to £1,641 a year, but the saving is less than the chancellor promised
The average energy bill for millions of households will fall by £10 a month in the spring, after Ofgem said the price cap would fall by 7% owing to a shake-up in green levies.
The price cap is revised by the energy regulator for Great Britain every three months. It said that from April the cost of the average annual dual-fuel bill would drop to £1,641, down from £1,758 today.
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