The energy price guarantee will continue for a further 12 months from April, but the cap will rise from the current £2,500 to £3,000 per year.
Help with energy costs has been extended for all households, but at a less generous level, meaning millions will still face higher bills, Chancellor Jeremy Hunt has confirmed.
This will coincide with the £67 monthly payments that make up the Government’s £400 rebate to all households to offset higher energy bills ending from March. However, the plan only caps the cost per unit that households pay, with actual bills still determined by how much energy is consumed.
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