Which? responds to the latest Cornwall Insight predictions for the October energy price cap
Emily Seymour, Which? Energy Editor, said:
“The drop in these latest price cap predictions is largely due to the fact that Ofgem will update its definition of a typical energy user from October - so people won't see a huge drop in their bills from the July price cap.
"Customers keen to see how the new predictions will affect their bills should look at the forecasted unit rates, which remain comparable to today's prices. Average prices per unit will be 30p per kWh of electricity and 7.5p per kWh of gas from 1 July. From October, these average rates are predicted to drop slightly to 27.5p and 6.5p respectively.
“Even with this drop in prices, energy bills are significantly higher than they were before the energy crisis began - meaning some households will still struggle to afford their bill. If you are concerned about struggling to pay higher bills, there is help available. Speak to your energy provider about a payment plan you can afford and check to see if you qualify for any government schemes.”
ENDS