ReferIndia News Lower Energy Bills Ahead: Ofgem Announces Price Cap Cut

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Lower Energy Bills Ahead: Ofgem Announces Price Cap Cut

Published on: Feb. 25, 2026, 1:01 p.m. | Source: Devdiscourse

From April, the UK's energy bills will decrease as Ofgem reduces its price cap by 7% following government policy changes. Key policy shifts include moving renewable energy costs to general taxation and abolishing some insulation funding responsibilities. This decision aims to alleviate the cost-of-living challenges for British households.

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