00:02Household energy costs are expected to fall from April after a review of the price cap.
00:07Ofgem is set to reduce the maximum annual bill for a typical dual fuel household.
00:11This is hoped to deliver savings for people paying for electricity and gas.
00:16The government says chopping the energy company obligation scheme will contribute to lower
00:21charges, but customers are warned their actual savings will vary with usage and home size.
00:28Experts say lower unit prices will drive most of the reduction.
00:31Industry watchers note network costs and wholesale volatility still influence bills.
00:36Families and businesses across regions will want to check updates from their own suppliers soon.
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