This is the best summary I could come up with:
The typical gas and electricity bill will fall to an average of £1,823 a year from October after the regulator Ofgem announces its energy price cap next week, a leading forecaster has predicted.
Lowrey said: “As many, including energy regulator Ofgem, have acknowledged, it is essential that the government explore alternative solutions, such as social tariffs, to ensure stability and affordability for consumers.”
Ofgem’s chief executive, Jonathan Brearley, told the Guardian this week that ministers should rethink whether the “very broad and crude” price control was still fit for purpose during the energy crisis.
The price cap was designed to ensure energy bills were fair by calculating what it cost suppliers to provide gas and electricity to their customers.
Simon Francis, a campaigner at the End Fuel Poverty Coalition, said: “This coming winter will not feel any better than last, as energy bills remain at dangerously high levels.”
The price cap only dictates the maximum a supplier can charge per unit of energy, based on the annual consumption of a typical home.
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