Which? responds to the latest predictions for the October energy price cap

Emily Seymour, Which? Energy Editor, said:

"These latest predictions estimate that energy bills for a typical household will drop to just over £1,800 a year from October. However, it's important to remember that some of the drop in the predicted average annual energy cost is due to Ofgem updating its definition of a typical energy user from October. 

“Typical household figures can make it hard to envision exactly what your future bills might look like. We recommend that customers keen to see how the new predictions will affect their bills look at the forecasted unit rates, which are predicted to be only slightly lower than today’s prices. Average prices per unit are currently 30p per kWh of electricity and 7.5p per kWh of gas. From October, these average rates are predicted to drop slightly to 27p and 7p 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. The government urgently needs to introduce a properly targeted social tariff to ensure energy affordability for those who need it most.”

ENDS