Energy bills in Great Britain could fall this summer but ‘crisis not over’

Ofgem price cap on gas and electricity likely to drop by 129 to 1,720 a year, says consultancy Cornwall Insight

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Household energy bills could drop this summer but experts have warned that the crisis is not over" for households and manufacturers struggling to afford gas and electricity costs.

The industry regulator's quarterly price cap is expected to fall in July by an average of 129, or 7%, according to forecasts from Cornwall Insight, a leading energy consultancy. It has predicted that the cap will fall to 1,720 a year for a typical dual-fuel household this summer, from 1,849 under the current limits.