The revised limit means that a household using a typical amount of gas and electricity will save £122 compared with the previous cap, paying around £1,568 a year. Ofgem's latest restriction runs until the end of September.The cap was introduced after Russia's full-scale invasion of Ukraine in February 2022 roiled global energy markets and sent prices soaring. That sparked a public outcry over high bills and profiteering among gas and electricity suppliers, which made record profits amid the wider cost of living crisis stoked by energy bills.The regulators' restriction is designed to ensure prices charged to consumers "are fair and that they reflect the cost of energy", it says. Experts predict that it will rise again in the autumn, as demand for central heating kicks in.And the cap is a limit on the amount charged per unit of energy. So families using more than the average amount will still face higher bills than others.Average energy costs also remain hundreds of pounds a year higher than three years ago.

New energy price cap to save average household £122 a year

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

n. We will also use usage information in order to ensure users adhere to our Terms of Use. For example, a user’s usage information will help us confirm that a user only downloads a magazine or other content a permitted number of times or to a permitted number of devices.

which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.