Energy bills will remain dangerously high despite next week's Ofgem Price Cap announcement

ENERGY bills will remain “dangerously high” this winter despite regulator Ofgem being expected to lower its price cap next week, campaigners warned yesterday.
Even though next Friday’s figure is likely to reduce average annual bills to £1,925 in October, gas and electricity costs will still be more than double what they were before the start of Russia’s invasion of Ukraine in February 2022, the End Fuel Poverty Coalition said.
It condamned Tory ministers for cutting bill support, saying that the move almost cancels out” declining wholesale costs, and for failing to tackle Britain’s “broken energy system.”
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