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Daily Mirror
Daily Mirror
Business
Malvika Padin

Energy Price Guarantee to be scaled back – how does it affect your bills explained

The Energy Price Guarantee, which "freezes" bills for the typical household at £2,500 a year, will be scaled back from April.

The news was confirmed by Chancellor Jeremy Hunt this morning, as he U-turned on almost all measures announced in the Mini-Budget.

The Energy Price Guarantee was confirmed as a replacement for the Ofgem energy price cap.

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