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New package of measures to help families save on energy bills as prices fall to lowest level for two years

The UK government is launching new measures to lower energy costs and provide cheaper deals, with the energy price cap decreasing by £238 from April. This marks the lowest energy costs since Putin’s invasion of Ukraine. Long-term plans include £10 million for innovative technologies and tariffs, a smart meter repair or replacement scheme, and a push for flexible tariffs to ensure affordability. Over half of British homes use smart meters for savings, and future projects involve carbon capture, hydrogen, nuclear technologies, and wind energy investments.

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