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Electricity is to blame for stubbornly high energy prices

25 May 2023

7:59 PM

25 May 2023

7:59 PM

So much for price-fixing. The energy price cap is finally set to fall, with the result that the average household should have to pay no more than £2,074 a year for its energy from 1 July.

The price cap itself has fallen from £3,280, but bills were in practice limited by the government’s other great intervention in the energy market: the energy price guarantee.

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