Ofgem has recently disclosed a significant drop in the energy price cap effective from April 1, reducing the cap to £1,641 per year for typical households using electricity and gas. This change, a decrease of 6.6% from the previous cap, provides important relief for households grappling with the ongoing cost of living crisis in the UK. Despite this decrease, energy prices remain elevated compared to recent years, necessitating continued efforts for households to lower their expenses during these challenging times.

In response to these high energy costs, Ofgem has recommended an affordable and efficient method for energy savings: DIY draught-proofing. This approach is presented as one of the cheapest ways for households to make their homes more energy-efficient, particularly during the colder months. By sealing draughts, homeowners can maintain a warmer environment while significantly reducing their energy bills, which is crucial for comfort and financial relief.

As the cost of energy still poses a significant burden on many households, Ofgem's initiative to spread awareness about effective energy-saving methods plays a vital role in helping consumers manage their expenses. The combination of regulatory measures like the drop in the price cap and practical DIY tips aims to empower consumers in the UK to take control of their energy usage and costs, potentially leading to a more sustainable approach to energy consumption moving forward.