Cap saved £75-£100 a year for average household using standard dual fuel energy tariff. The government has vowed to keep a lid on the energy bills of 15m homes until at least the end of next year after agreeing to extend the energy price cap beyond 2020. Under legislation, ministers could have abandoned the cap on standard variable energy tariffs – brought in at the start of 2019 to prevent “rip-off” energy deals – as soon as the end of this year. But government officials and the regulator have agreed to extend the cap after households saved £1b n last year , or between £75 to £100 a year for the average home using standard dual fuel energy tariff. […] Ofgem said in August that the cap for this winter would fall by an average of £84 a year for 11m households, and by £94 a year for another 4m homes using an energy pre-payment meter.
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