In a BBC article yesterday (18th July 2022) it was reported that there will be a Electricity market review which could include cheaper prices.

"Electricity Market Review" with an image of electricity

The government is considering options for reforming the way the price of electricity is set for households in the UK, Changes could allow households to get energy from the national grid at cheaper rates if demand is low or when the weather means more is produced.

The government will also consider how pricing can be "de-coupled" from gas prices, which have caused higher bills.

The review will consider possible changes such as locational pricing, which could result in households in areas with significant levels of renewable energy.