Energy Price Guarantee – but the more you use, the more you’ll pay
The new Energy Price Guarantee will come into effect from 1 October 2022.
It means that typical household energy bills will be around £2,500 a year. This new government intervention means bills will be about £1,000 less than previously predicted.
But it is still nearly double that of 12 months ago (£1,277). It’s important to remember that the £2,500 is for typical users – but if you use more energy, you will pay more.
It is the unit rate of energy and standing charge that is capped – not the overall bill.
The Energy Bills Support Scheme also starts in October with a £400 discount for domestic electricity users – this will be paid automatically in 6 monthly instalments. This will bring a typical bill to about £2,100.
If you’re worried about your energy bill this winter – please don’t worry alone. Call us for free on 0800 988 2881 to find out more about how we can help you.
We can help with:
- Energy efficiency to to reduce bills
- Grants and funding for energy efficiency measures
- Grants for broken heating systems
- Help with fuel bills and energy debt
- Billing issues with your supplier