Energy bills will be cut by an average of €25 next year because of cheaper transport costs for gas and electricity, the Telegraaf reports on Thursday.

The paper says the country’s electricity and gas grid operators have been told to cut their fees by €260m a year by the Dutch consumers’ authority ACM. The regulator says regional network firms can work more efficiently than they do at present.

In addition, network firms need less money for investments because of low capital market interest rates, ACM spokesman Henk Don told the paper.

In total, the ACM has ordered a €200m cut in the bill for transporting electricity and a €60m cut in the cost of gas supply. This is the equivalent of €25 a household, depending on where in the Netherlands you live.

High energy transport costs make it difficult for people to save money by switching providers because they account for such a large part of the bill, the Telegraaf says.