ReferIndia News Ofgem Cuts Energy Bills for UK Households with New Price Cap

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Ofgem Cuts Energy Bills for UK Households with New Price Cap

Published on: Feb. 25, 2026, 1:57 p.m. | Source: Devdiscourse

Ofgem has announced a 7% reduction in the energy price cap, lowering average household bills by £117 from April. This follows government plans to shift renewable energy costs to taxation and end funding requirements for low-income homes’ energy improvements.

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