Energy price cap in Great Britain to fall to £1690 from April

Mild winter and falling gas costs lead to lower level, but prices are far higher than before start of energy crisis in 2021

The energy price cap in Great Britain will fall by £238 to £1690 this spring as a mild winter and lower gas prices ease pressure on household finances.

The 29 million households in England, Wales and Scotland can expect to pay the average annual bill from April after the energy regulator Ofgem dropped the price cap from £1,928 in the current quarter.