The United Kingdom's new Prime Minister, Liz Truss, has confirmed a new energy price guarantee.
This means that the price cap will be frozen at £2,500 from October 1. But keep in mind, in practice there is no cap on what you pay for energy - the 'cap' is what you pay on the standing charge and the rate per unit.
This new plan will limit the amount suppliers can charge for each unit of gas and electric - If you use more energy, you will have a higher a bill, if you use less, your bill will be smaller.
