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British households could see their energy bills fall nearly 14% by spring as a mild winter keeps demand muted, and the supplies are so far unscathed by the Middle East conflict.
Regulator Ofgem’s annualized price cap is likely to be £1,660 by April, a £268 decrease from January bills of around £1,928, with prices expected to continue to fall throughout the year, according to estimates from consultancy Cornwall Insight.
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