The steady slide of wholesale gas and electricity markets may call time on rising energy tariffs this year, but bills for homes and business will barely budge. The market price falls could help the regulator avoid another hike to the energy price cap when it comes under review this October, according to energy experts at ICIS. It said gas prices “collapsed” from the start of the winter as “energy traders hurried to factor in unseasonably mild weather and muted demand”. The fall in market prices – which make up a third of the costs behind a bill – is likely to be muted by the rising costs of the UK’s energy networks and the cost of Government energy policies.
Telegraph 10th April 2019 read more »