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When is the next energy price cap announcement and what does it mean for your bills?

February 14, 2023

Via: MoneyWeek
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The energy regulator, Ofgem, will announce its energy price cap for April to June later this month, 27 February.

Although your household bills are currently determined by the government’s Energy Price Guarantee (EPG), Ofgem continues to set a quarterly price cap.

But since the price cap was rising to extortionate levels, the government stepped in the the EPG, which capped unit prices for energy and superseded the energy price cap set by Ofgem.

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