Liz Truss has announced that energy bills for the typical household in Great Britain will be frozen at £2,500 a year until 2024, superseding Ofgem’sprice cap that was supposed to rise to £3,549 for the average home on 1 October.
The new prime minister says the measure, as part of a taxpayer-funded £150bn support package, will save the typical household £1,000 a year. On top of this they will get £400 off bills, promised earlier this year.
