New forecasts by Investec suggest energy bills could fall below £2,500 from July as wholesale gas prices fall.
Energy bills could fall further than previously forecast later this year, easing pressure on struggling households, new projections suggest.
Less generous government help means a typical household gas and electricity bill is expected to rise from £2,500 a year to £3,000 a year in April. But falling wholesale gas prices mean annual bills could fall below this from July, says finance firm Investec.recent forecasts by energy consultancy Cornwall InsightInvestec said warmer weather and higher gas storage levels had helped bring down gas prices in recent months.that suppliers can charge households per unit of energy.
They are unlikely to fall back to that level for many years, after prices spiked following Russia's invasion of Ukraine and as industry recovered from coronavirus-related lockdowns.
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