Changes to the energy price cap, effective from 1st July to 30th September, will see a decrease in costs for typical households using both electricity and gas and paying by direct debit.
The new cap, set at £1,568 per year, represents a £122 reduction compared to the previous quarter’s cap of £1,690.
Customers paying via standard credit, direct debit, prepayment meter, or Economy 7 (E7) meter are covered by this cap, with actual costs varying based on usage, location and meter type.
For electricity, customers on a standard variable tariff paying by direct debit will see an average rate of 22.36 pence per kilowatt-hour (kWh) and a daily standing charge of 60.12 pence.
Gas rates for the same category will average 5.48 pence per kWh, with a daily standing charge of 31.41 pence.
These rates, inclusive of VAT, are based on averages across England, Scotland and Wales.
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