RM2RKE1XN–File photo dated 31/07/18 of a smart meter next to an energy bill. Energy regulator Ofgem is on Friday set to slash the energy price cap but many households will likely see higher monthly bills this winter than last year. The cap - which limits the amount that a supplier can charge per unit of gas or electricity they sell - is expected to fall, cutting around £150 per year off the average annual household energy bill from the start of October. According to experts at Cornwall Insight, an energy consultancy, the price of gas will fall from 7.5p per kilowatt hour (kWh) today to 6.9p from October
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