Electric prices down substantially today…

brown and white table lamp with light

Yesterday my electric tariff was 38p per unit. Today it is down to 17p, which is quite a drop, and not far off the 14p it was last year. The reason is the new Energy Price Guarantee scheme has come into effect. The scheme will cap the price for a unit of gas and electricity until April 2023. Bills will be reduced by up to 19.9p per kilowatt hour (kWh) for electricity and 4.8p/kWh for gas. The Consumer Council have …

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