Energy bills to drop by £238 in April but still remain historically high

• Energy price cap in Great Britain to fall by £238 to £1,690 from April, a 12.3% reduction • Drop due to mild winter and lower wholesale gas prices, easing pressure on households • Equalization of standing charges means prepayment meter customers will no longer pay more • Average household will still pay far more than before 2021 energy crisis started • Further drops expected in July and October before potentially rising again