As the energy price cap falls, campaigners have highlighted the need for closer EU ties to boost the UK's growth and tackle the cost of living.
The average household energy bill will drop by £129 - 7% - from July, Ofgem has confirmed.
A typical bill will reduce to £1,720 a year when the energy regulator’s new price cap – which limits the amount customers can be charger per unit of energy – takes effect.
Compared to the height of the energy crisis, at the beginning of 2023, this is 28% - or £660 - lower, but costs are still elevated compared to the same period last year.
Responding to Ofgem’s latest energy price cap announcement, Naomi Smith, Chief Executive of Best for Britain, said:
"Electricity and gas prices falling is welcome news for hard-pressed families amid the cost of living crisis - especially with this week’s UK-EU reset deal including measures on energy co-operation to further drive down bills.
“But nothing can boost economic growth, support family businesses and cut supermarket prices like removing trade barriers and securing closer alignment with our largest market, and Best for Britain’s polling clearly shows voters everywhere want to see this prioritised.”