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Liverpool Echo
Liverpool Echo
World
Gemma Jones

Money Saving Expert shares three ways homes can get extra cash amid energy crisis

Martin Lewis and his Money Saving Expert team have issued advice for families to get extra cash amid the energy crisis.

The advice comes after it was announced that energy prices for most households will rise by 54% from April 1 as the government unveiled the new price cap.

The price increases will see some homes having to pay up to £700 more on their gas and electric usage per year.

READ MORE: Martin Lewis explains who will receive £200 discount as energy prices sky-rocket

Martin and his team have looked at different ways to help with the poverty-inducing costs.

He has shared ways for families to get extra cash.

Certain tax bands to get £150 rebate

Around 80% of homes are set to receive a £150 tax rebate in April.

Homes in England in council tax bands A to D will be eligible for the rebate, meaning many lower and middle-income homes will receive help.

The rebate will, in most cases, be provided as a separate payment but if you don't pay your council tax by direct debit you may have to provide your local authority with your bank account details. It will be paid from April.

The £150 is designed to help with energy costs.

The Government haven't yet given much further details, as they said the details on who qualifies will be shared with local councils.

Warm Home Discount increase

The Warm Home Discount is already in place for many on low incomes, including pensioners.

But the latest help from the government will see changes made to the benefit.

The Government says it will continue with plans to increase it by £10, and it also plans to extend the eligibility criteria so an additional 780,000 households will qualify.

Currently it is a £140 rebate applied to your electricity bill between October and March. If you're on a prepay meter, you'll usually be sent a top-up voucher.

The changes will see it rise to £150.

Council's discretionary fund

The discretionary fund is to help those on low incomes who don't qualify for the £150 support above because, for example, they're exempt from council tax.

All-student households and student nurses are among those who don't pay council tax.

There will be a £144 million discretionary fund distributed via local authorities in England that should cover some of those cases and those who slip through the net.

The Government wouldn't provide further info, only saying that local councils will be given details on who exactly qualifies.

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