Energy bills are projected to fall by an average of 15% – equivalent to £293 in annual savings – as a mild winter meant high gas storage levels.
A closely watched forecast by Cornwall Insight indicates energy bills from April to June will drop to £1,635 a year for the typical user.
By comparison, average yearly costs from January to March stood at £1,928.
Such a drop would result in the lowest energy bills in two years.
Read more:
What is the energy price cap – and how will it affect my bills?
Energy price cap hike to help suppliers recover record level of unpaid bills
The energy regulator Ofgem puts a cap on the amount that energy providers can charge per unit of power every three months.
The next official price cap announcement will be published on 23 February.
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