Household energy bills will fall by £122 a year as Rishi Sunak pledges to make it easier for customers to get the best deal in his election campaign.

The Ofgem price cap will fall from £1,690 per year to £1,568 from July 1, leaving energy bills at their lowest level since before Vladimir Putin’s invasion of Ukraine triggered an energy shock for European economies.

The price cap had been set at £1,216 a year over the winter of 2021 to 2022, before the war sent energy costs rocketing, with the Government forced to intervene to limit bills to £2,500 a year during the peak of the fuel crisis.

It comes as the Prime Minister seeks to put falling energy bills at the centre of the election campaign.

The Tories will vow to make price comparison websites easier to use and consider telling the regulator Ofgem to publish league tables showing how long energy firms take to respond to customer complaints.

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