Consumers will pay more because 1 April is also date for reduction of government support

A price cap on the amount suppliers can charge for energy will fall by £999 to £3,280 from April but bills will still rise due to a planned cut in government support.

The energy regulator for Great Britain, Ofgem, said on Monday that its quarterly cap on household bills for average dual fuel, direct debit customers would fall by 23% for the three months from 1 April, from £4,279 for the January to March quarter.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘We’ve had lots of switchers’: Labour candidates optimistic in Worthing

Partygate has taken a toll on Tory support in the ‘blue sea…

Sunak attempts to ease cost of living squeeze as interest rates climb

Analysis: Chancellor says £9bn package will take sting out of UK’s economic…

Elle Edwards: three people arrested over Christmas Eve shooting

Thomas Waring charged with possession of a prohibited weapon and two others…

UK asylum claims at highest level since 2004, with record backlog of cases

Home Office says 67,547 applications waiting to be dealt with, as ministers…