Energy bills predicted to fall further this year

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New forecasts by Investec suggest energy bills could fall below £2,500 from July as wholesale gas prices fall. …

If either prediction proves to be correct, then the bill paid by 26 million households would again be governed by regulator Ofgem’s price cap, rather than the government’s energy price guarantee, which was originally introduced in October in a bid to protect bill-payers from soaring costs.

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