Households are still facing a £67-a-month energy bill increase from April despite the "welcome" extension to the Energy Price Guarantee (EPG) at its current rate until the summer. Ahead of his Budget speech, Chancellor Jeremy Hunt confirmed that the EPG, which limits a typical household energy bill to £2,500, will be extended for another three months.
It had been due to increase to £3,000 in April to reduce the burden on state finances. However, consumers still face having to find an extra £67 a month to pay their energy bills from April when the Government's separate Energy Bill Support Scheme - which has seen all households receive six monthly payments of £66 or £67 direct to their energy accounts - comes to an end.
Citizens Advice chief executive Dame Clare Moriarty said the "welcome step" of extending the existing EPG would protect millions of people from unaffordable energy bills.