Drop in energy price cap from April forecast to save typical home £138 a year

Predicted 8% cut to upper limit for Great Britain could reduce bills to lowest level in 15 months

Great Britain’s household energy price cap is set to fall by 8% in April to its lowest since September 2024, a leading forecaster has said.

The cap is expected to fall by the equivalent of cutting £138 off a typical annual dual-fuel bill, after the autumn budget shifted some charges to general taxation, according to Cornwall Insight, a consultancy that tracks the energy market.