All the updated news related to energy price guarantee

All the news related to energy price guarantee updated in real time

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Hundreds of thousands missing out on Government energy support, data suggests

Hundreds of thousands of households have not redeemed vouchers which will take £400 off their energy bills this winter, leading to concerns that some might miss out on vital Government support. PayPoint said only a little over half (53%) of the 800,...

31 Oct 2022 at 14:16

Shielding households from high energy bills set to cost Government £5bn a month

The price the Government will pay to shield households from enormous energy bills will more than double in the new year to around £5 billion a month after Ofgem raised its price cap. The decision will not increase the amount consumers have to pay ...

24 Nov 2022 at 10:13

Energy bill plans do not provide enough support in Northern Ireland – Murphy

UK Government plans to help with spiralling energy costs do not provide the support that homes and businesses in Northern Ireland need, Stormont Finance Minister Conor Murphy has said. An energy price cap has been announced for homes in Northern ...

21 Sept 2022 at 16:59

‘Fiscal event’ still set for September, says Number 10

A “fiscal event” to set out Government funding for a set of major interventions in the cost-of-living crisis will still take place this month. Politics as normal has been largely put on hold during the 10-day period of mourning for the Queen, ...

12 Sept 2022 at 14:34

Hunt spends Budget windfall on childcare and tax breaks for wealthy pensioners

Jeremy Hunt has used a £25 billion-a-year improvement in the public finances to dramatically expand access to childcare and offer tax breaks to businesses and wealthy pensioners. In a Budget aimed at increasing the numbers of people in work ...

15 Mar 2023 at 18:19

Shapps ‘sympathetic’ to calls to halt 20% energy bills hike

Measures which could see households face a 20% hike in energy bills from April are being kept under review, Downing Street said. Costs are set to see an increase when the energy price guarantee (EPG), the taxpayer-funded cap on bills, ...

28 Feb 2023 at 14:05

Scotland

Scottish Energy Secretary urges UK Government to keep price guarantee

The Scottish Government has called for the UK Government to continue the energy price guarantee at its current rate after Ofgem revealed they would lower the energy price cap. Ofgem announced on Monday that the energy price cap would ...

27 Feb 2023 at 17:01

Average household energy bill to fall by £426 from July amid Ofgem price cap cut

The average household energy bill will fall by £426 a year from July after Ofgem dropped its price cap following tumbling wholesale prices. The regulator announced it is cutting its price cap from £3,280 to £2,074 from July 1, ...

25 May 2023 at 14:01

Local News

Energy cost increases slammed by Cost of Living Crisis Campaign

The Cost of Living Crisis Campaign has warned of electricity price increases coming into effect from the 1st July. This is despite tariffs actually falling and the wholesale price of energy on international markets dropping ...

13 Jun 2023 at 11:33

Charities write to PM demanding more help for households in fuel poverty

More than 60 charities have written to the Prime Minister demanding more support for millions of UK households in fuel poverty. A survey for the End Fuel Poverty Coalition suggests 76% of people think the Government is not ...

03 Nov 2022 at 01:01

Energy price cap announced for households in Northern Ireland

Government announces energy price cap for Northern Ireland homes

The Government has announced an energy price cap for homes in Northern Ireland from November. Business Secretary Jacob Rees-Mogg said the energy support scheme will offer households in Northern Ireland the same level of ...

21 Sept 2022 at 13:46

Households urged to send meter readings ahead of July 1 price cap drop

Households have been urged to send meter readings to their energy supplier ahead of Ofgem’s lowered price cap coming into effect on July 1. The average household energy bill will fall by £426 a year from July after ...

29 Jun 2023 at 02:45

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