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Energy UK responds to Ofgem’s price cap announcement

Responding to Ofgem’s latest price cap announcement, Energy UK’s deputy chief executive, Dhara Vyas said:

“Another fall in the price cap is good news for customers who were facing bills that were hundreds of pounds higher this time last year.

“However, as Ofgem underlined earlier this week, it’s only a return to relative normality. Energy bills are still larger than they were just over two years ago and prices will remain high and unstable for some time to come.

“Customer debt is at record levels and likely to increase still further, so despite suppliers’ ongoing efforts to support households, the next Government must work with the industry and Ofgem to put in place a long-term solution that provides targeted help for those who need it and ensures so that bills are affordable for everyone.”