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Household energy bills are expected to drop slightly in January, according to new forecasts. Experts at Cornwall Insight have said energy regulator Ofgem’s price cap is expected to dip by one per cent when its next update takes effect. ‌

It would result in a £22 decrease to an average energy bill of £1,733 a year for a typical household from January 1. However, analysts at the specialist consultancy said they expect the price cap to increase again from the start of April. ‌

Ofgem changes the price cap for households every three months by setting a maximum price energy suppliers can charge people in Scotland, England and Wales for each kilowatt hour of energy they use. ‌

READ MORE : People with energy bill debt urged to apply for cash help of up to £1,700 READ

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