Households are still facing a monthly energy bill increase of £67 from April despite the extension of the UK Government’s £2,500 Energy Price Guarantee (EPG) until the summer. It had been due to rise by £500 to £3,000 at the start of next month, however, the Treasury announced the postponement ahead of Chancellor Jeremy Hunt’s Spring Budget on Wednesday.
However, consumers still face having to find an extra £67 a month to pay their energy bills from April when the UK 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. But warned the removal of the £400 Energy Bill Support Scheme will leave millions struggling and urged the UK Government to look at finding a “long-term solution to the problem”.