The Chancellor of the Exchequer has announced today that the Energy Price Guarantee (which had been scheduled to last for two years) will now be limited to 6 months. He has announced a review to look at what support will be applied after April 2023 – signalling a ‘new approach’ was required, targeting those most in need. Until then, the price guarantee (the ‘cap’) remains in place, which means that for a typical household, an annual bill will be around £2,500. For those who use more energy, the bill will be higher because it is the unit cost of energy that is capped – not the overall bill.Similarly for those using less energy, the bill will be less.The £400 grant being paid in 6 monthly instalments from October 2022 remains in place. 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:
March 13, 2024
March 13, 2024
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