The Government cannot control global energy prices, but it can help the public cover some of the costs.
Following Ofgem’s confirmation today that the energy price cap will rise by from April, we are today announcing plans to help with household fuel bills immediately and protect people against half of this increase – worth £350 per household, in a total package of support worth £8.6 billion:
A £200 ‘smoothing’ rebate on energy bills for all households, to be paid back over the next five years at £40 per year – starting from April 2023.
A non-repayable £150 cash rebate for homes in Council Tax bands A-D – equivalent to 80 per cent of all households, helping both lower and middle-income families.
£144 million of discretionary funding for local authorities to support households not eligible for the council tax rebate
We are also continuing with plans to increase the Warm Homes Discount and extend eligibility by one-third to 3 million vulnerable households (worth £150).
Does not apply to second homes and empty property.
This package provides more generous support to most households faster than other proposals.
