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UK energy bills to drop 7%, lowering annual costs to £1,720 starting July, due to falling gas, oil prices.
UK energy regulator Ofgem is set to announce a 7% drop in household energy bills from July, reducing the typical annual bill to £1,720 from the current £1,849.
This decrease is due to a drop in gas and oil prices following US President Donald Trump's tariff plans, though it's slightly less than the previously forecasted 9% drop due to easing trade tensions.
This price cap update is part of Ofgem's quarterly adjustments based on wholesale energy costs.
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Las facturas de energía del Reino Unido bajarán un 7%, reduciendo los costos anuales a £1,720 a partir de julio, debido a la caída de los precios del gas y del petróleo.