Britain's energy price cap set to fall 9% in July, Cornwall Insight says

Britain's energy price cap set to fall 9% in July, Cornwall Insight says

Britain's domestic energy price cap is expected to fall around 9% in July after wholesale energy prices tumbled amid warmer weather and as U.S. tariff announcements stoked fears for economic growth.

UK energy bills to fall by 9% in July after three years of price rises - as Trump tariffs trigger gas price slump

Household energy bills are set to fall in July after Donald Trump's trade tariffs caused a slump in global gas prices, according to a leading forecaster.

Energy price cap set to fall in July, according to forecast

Forecasters said a slump in global gas prices caused by Donald Trump’s tariffs had contributed to the lower price cap prediction.

Energy price cap predicted to fall by 9%

Energy bills are expected to fall this summer, according to the latest forecast from Cornwall Insight, with a typical dual fuel household likely to pay nearly £170 less a year from July. The energy consultancy predicts that the Ofgem price cap will drop to £1,683, down from the current April level of £1,849. That’s an 8.9% fall, saving the average household £166 a year on a standard variable tariff. While the July cap won’t be finalised until th…