With energy prices sky-rocketing from today - April 1, 2022 - households are being put under severe strain. It will mean less money in the pockets in all houses across Nottinghamshire and the UK as people try to pay their rising bills, so a £150 payment from the government will be welcome news to many.
The Ofgem energy price cap will increase from April 1 for approximately 22 million customers. Those on default tariffs paying by direct debit will see an increase of £693 from £1,277 to £1,971 per year (difference due to rounding).
Prepayment customers will face an increase of £708 from £1,309 to £2,017. On February 3, 2022, the Government announced a '£150 council tax energy rebate' to help to mitigate the costs of rising energy bills to households in council tax bands A-D.