Energy Price Guarantee
From 1 October 2022, the Energy Price Guarantee will reduce the unit cost of electricity and gas so that a typical household in Great Britain pays, on average, around £2,500 a year on their energy bill, for the next 2 years. This is automatic and applies to all households.
This will save the average household at least £1,000 a year based on current energy prices from October and is in addition to the £400 energy bills discount for all households.
Countries around the world are facing rising goods and energy prices, inflation and cost of living pressures after the pandemic and Putin’s invasion of Ukraine.
We know people are worried so the government is offering help for households. See what cost of living support you could be eligible for.