Energy bills to be cut by around £75 for more than 11m households

Ofgem figure falls short of £100 promised by Theresa May for customers on poor-value tariffs

More than 11m households will see their energy bills cut by around £75 a year on average under a price cap being imposed by the energy regulator, Ofgem, over concerns that loyal customers are being ripped off.

The average saving falls short of the £100 that the prime minister, Theresa May, promised for consumers on poor-value default tariffs.

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from The Guardian https://ift.tt/2CqtuDT