Search investingLive
Home
Ofgem announces lower price cap for energy bills

Ofgem announces lower price cap for energy bills

News
Justin Low
25/05/2023 | 06:10 GMT
  • That is a slight relief at least to UK households

This will go into effect from July, with the typical annual household energy bill to fall to £2,074 from the previously £2,500 - which has been in place since October.

Most Popular

investingLive Premium
Telegram Community
Gain Access
View more

YouTube TV's new $65 sports bundle offers value, but watch subscriber churn risk.

Sports Media Watch
3m ago

TRMB beat Q4 EPS estimates, but revenue dipped YoY. Guidance beats signal potential upside.

StockStory
7m ago

ZBH beats revenue estimates with 10.9% YoY growth, but guidance misses & margins shrink.

StockStory
12m ago

WCC misses EPS, EBITDA targets despite in-line revenue. Stock dips 6.4%. Valuation awaits.

StockStory
21m ago

HAS Q4 revenue up 31.3% to $1.45B, EPS beats estimates. But long-term sales declined 3% annually.

StockStory
25m ago

OSCR's Q4 revenue missed, but full-year guidance soared 47.8%. Losses narrowed, yet stock dipped.

StockStory
34m ago

MCD options price a 3% move post-earnings. Analysts see 5% upside, citing value focus & consumer spending.

Investopedia
53m ago
investingLive Premium
Telegram Community
Gain Access

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}