Average UK household energy bills are set to rise to £3,000 a year between April and June under the UK’s energy price guarantee (EPG) scheme, up from the current £2,500 DavidConnett1 reports:
Energy consultancy Cornwall Insight said the
Under a government guarantee the annual gas and electricity bill for an average home is limited to £2,500, alongside an additional £400 discount. That cap will rise to £3,000 in April.energy bill support scheme, which shaved an additional £400 off every household payment, is set to endThe less generous government energy support means consumers face paying up to an extra 20 per cent for their fuel bills.
The anticipated price cap fall to lower levels means the Government will be paying less to compensate suppliers in the April-June quarter.said it expects the price cap to fall further to £2,153 in July and then hit £2,161 from October. Both have accurate forecast records although forecasts for later in the year are subject to a greater level of uncertainty. The actual figure will be published next Monday by the energy regulator Ofgem.
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