HOUSEHOLDS will shave just £17 off their energy after a price cap was lowered.
And the bad news is that bills are set to rise again in the autumn.
Regulator Ofgem's cap will supposedly reduce the average annual gas and electrify bill by £122 - to £1568 over the next 12 months.
But households typically use just 20 per cent of annual electricity, and less than 10 per cent of gas, over the summer.
The typical savings over the next three months will be about £17, according to analysis by the Energy and Climate Intelligence Unit.
As consumption begins to increase in the autumn, Ofgem's price cap is predicted to rise again.
This story is from the July 02, 2024 edition of Daily Record.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 02, 2024 edition of Daily Record.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
SCARYTALE STUFF FOR LAWRENCE
Missed pen is latest chapter in Shanks' grim season
You dig in and find a way to get a result..that IS the Celtic Way
ALISTAIR JOHNSTON knows there has always been a demand for Celtic to play in a swashbuckling style.
Higgins: My nerves were shot
Wizard beaten by Trump in tense decider
Sea barge hell as storm hits wind farm site
Hundreds of workers claim they were nearly 'starving'
MY KIDS QUEST
Big-hearted businessman launches charity to help give young people second chance
CPS failed Al-Fayed victims.. just like they did with Savile
Fiends could have been prosecuted, says ex-cop
WORKING TOGETHER TO ACHIEVE THE UK'S GREEN GOALS
ScottishPower has honoured those who are helping it on its green journey
Arran's recovery is amazing
Schoolboy's family praise hero medics and emergency workers
I first gambled aged 15 ..now I have lost £250,000
Chasing high of winning took Colin to brink of suicide
We won't abandon elderly
SCOTS pensioners will receive between £100 and £300 in winter fuel payments next year from the SNP government.