British Gas announced plans to scrap its standard variable energy tariff, among plans it says will cut customers’ gas and electricity bills.
An energy price cap affecting 14 million households, and cutting their bills by hundreds of pounds per year has been announced by government today.
The energy price cap will be extended to cover 1 million more vulnerable customers, energy regulator Ofgem announced. Find out if it’ll save you £120 on gas and electricity.
Prime Minister Theresa May has announced a price cap on ‘rip-off’ energy bills. Full details on the energy price cap will be announced next week.