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Energy bills to fall for millions of Britons from April

February 7, 2020 3:24 AM EST

By Susanna Twidale and Muvija M

LONDON (Reuters) - Energy bills are set to fall for around 15 million households in Britain after energy regulator Ofgem told suppliers to cut average standard bills and pre-pay bills by 1.4% from April 1.

A cap on electricity and gas bills came into effect in January 2019 and was a flagship policy of former British Prime Minister Theresa May to end what she called "rip-off" prices.

The regulator, Ofgem, said the price cap for... More