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UK Energy Costs to Drop £117 for 19 Million Households

3/24/2026

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Story summary
  • From 1 April 2026, UK household energy costs will fall by £117 due to a price cap.
  • The cap will affect 19 million households in England, Wales, and Scotland, and Ofgem (the Office of Gas and Electricity Markets) will announce the next cap change on 27 May 2026.
  • Rising infrastructure costs may limit savings, while 5 million heating oil users—primarily in Northern Ireland—face higher costs, with targeted support.