THE boss of Octopus Energy says bills will fall this April as providers have already paid for the gas.
Speaking to the BBC at the World Economic Forum in Davos, chief executive Greg Jackson said the new energy price cap will be “hundreds of pounds lower” than current levels.
He added that gas supplies had been secured in advance of the winter months.
This has led to lower wholesale prices, Mr Jackson said.
His comments come as millions are set to see bills rise, with January statements reflecting the current price cap, which came into force at the start of the month.
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Will this change the fix rate charges which we have signed up to
No