If you thought energy bills in Britain were capped at £2,500, you are not alone. Even Prime Minister Liz Truss recently made the same mistake, incorrectly claiming that no household would pay more.
What Britain has actually done, in common with many other countries facing an energy crisis this winter, is cap the price of units of energy – the amount you pay per watt of electricity or gas. An energy bills support scheme now caps electricity and gas prices at 34p per kilowatt-hour (kWh) and 10.3p/kWh respectively.
