Leeds reflections on the Ofgem energy price cap

National World - LocalTV

The new Ofgem price cap has taken effect, reducing bills by around 7% for the average customer. How will this reduction impact your household finances, and do you believe it is sufficient to help those who are struggling with their energy bills?

Transcript

00:00Some people might argue that it's not enough. However, I feel it's little steps towards a bigger target that targets this price cap.

00:08So I think it's a positive approach.

00:11I haven't actually been as badly affected by the energy prices as most because I was on a very low fixed rate deal, which was very lucky.

00:21But that won't go on forever. So any drop is good.

00:24I think the energy cap is good, but I think surely we could do more, have more support and the cap even lower and lower.

00:31Because I personally know a lot of people have a struggle with energy prices, they can't afford it.

00:36It does seem to ease quite a lot. We are relatively economical with our use anyway.

00:41So I haven't necessarily noticed it falling in particular, but it hasn't been, it obviously hasn't seemed as sharp lately.

00:50It's definitely noticeably come down, isn't it? It's stabilised or reduced.

00:55And it's obviously easing with the easing of the inflation generally.

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