Hello and welcome to Rundown, a weekly podcast from Politics Home.

I'm your host, Alan Tolhurst, and given Parliament isn't it ceased to recess, we thought we'd

shoo the politicians altogether and focus on some experts, as we discuss whether we have a new

energy bill crisis on our hands. Joining me is Kate Mulvaney, Senior Consultant at Energy Market Analyst, Cornwall Insight,

Morgan Wilde, Head of Policy, Citizens Advice, and Katie Alpin, head of Strategic Insight at Consumer Group, in which.

So I think the kind of the idea of this is there's another kind of energy storm coming and there's all been to talk about government support packages and the

end to the energy support scheme that six seven pounds per month everyone was getting off their bills

the government in the budget extended the energy price guarantee which means that it's capped at

two and a half thousand pounds for the average household until june kate your company

kormwell is like looks at where the price cap is going to go. What your predictions for where

it's going to go later this year and where it's going to sit out for the next sort of few years,

I suppose, you look at as well? So we've seen the benefits of falling global energy prices.

Now, that might not be something people are feeling yet in their bills, particularly because

of the buffer provided by the energy price guarantee and the price cap.

But for the rest of this year, we are expecting to see a fall in prices.

Now, the actual price for the price cap will be determined by the prices on a number of key markets,

but we're expecting bills to be around £2,000 in Q3 and Q4 for the average household.

Now, that's substantially above the £1,200, £1,200 people were probably paying before the big price spike.

But it is also substantially lower than the £ and a half thousand pounds that costs reached.

Now, beyond that, we are expecting to see until the end of the decade elevated prices

compared to average prices before the price spike. Now, that's due to a number of factors,

not least the energy transition.

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