Spring Budget: Prepayment energy meter bills to be cut by £45

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Spring Budget: Prepayment energy meter bills to be cut by £45
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Prepayment energy meter bills to be cut by £45

Firms were banned from installing prepayment energy meters under warrant, but that is due to end at the end of March.having their smart meters remotely switched to prepayment metersEnergy Security Secretary Grant Shapps said: "Charging prepayment meter customers more to receive their energy is a tax on some of our most vulnerable - this change will stop that."

Labour said the government had "finally listened" to its calls for "an end to the unfair prepayment meter penalty". "Their delay will be cold comfort for the millions of prepayment customers who have been paying higher energy bills as a result of the government's indecisiveness," said Ed Miliband, Labour's shadow climate and net zero secretary.

In addition to prepayment help, the government is expected to extend the Energy Price Guarantee at current levels for a further three months. Typical household energy bills were going to rise to £3,000 a year from April, the government is expected to retain its current level of support with the cap at £2,500.

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