Hard-up families heaved a collective sigh of relief when a 20% increase in the price of energy due to start this month was postponed in the Spring Budget.
However, confusion has reigned, as many found that their direct debit payments have increased, despite the Government keeping the Energy Price Guarantee (EPG) at £2,500 a year for a typical household until July. Martin Lewis's website Money Saving Expert has been swamped with people asking why their bills have gone up, despite the price of energy staying the same.
The reason is two-fold:
