• Energy prices from 1 July 2023 will be set by Ofgem’s price cap.
• Annual energy bills for a typical household will be around £2,074, down from £2,500.
• But, energy bills are predicted to remain high until the end of this decade, and they are still higher than before the pandemic.

What will happen to prices?

• Ofgem has announced that from 1 July – 30 September 2023, the cap on the unit cost of electricity will be 30p per kWh and 8p per kWh for gas.
• This rate falls below the current Energy Price Guarantee. At the moment, under the guarantee, a typical household is paying around £2,500 a year for energy bills.

Does it apply to me?

Most of us are on the Standard tariff, and it will apply to us. If you are on a fixed term tariff, or an exempt one, it won’t apply.

Help from CCB

Helen Dean, who runs our Family Fuel and Water Poverty Project continues to support low-income families struggling with their bills by giving telephone advice, advising families at groups, and training frontline workers. Contact her at helen.dean@ccberks.org.uk for more information, or visit our website at https://ccberks.org.uk/our-projects/energy-advice-and-fuel-poverty/