Rising Electricity and Gas Prices
As of today, millions of households in the UK will witness a £94 surge in their energy bills, resulting in an annual average increase.
Government-Backed Discounts and Clarifications
Approximately 4.3 million households on prepayment meters will receive government-backed discounts. However, it’s crucial to note that this doesn’t cap the overall energy costs but limits the charge per kWh.
Review of Energy Price Cap by Ofgem
It’s important to note that Ofgem will review the energy price cap in April, July, and October, potentially leading to adjustments later in the year.
Tips for Reducing Energy Bills
Submit recent meter readings for accurate billing.
Adjust thermostat settings for optimal heating balance.
Optimize boiler settings and consider smart meters for additional savings.
Tackle draughts and ensure proper ventilation.
Strategically heat only occupied rooms.
Adopt energy-efficient practices with appliances for substantial savings.
Winter Assistance for Eligible Households
Thousands of households may receive up to £25 in cold weather payments, providing support during freezing temperatures. Additionally, millions are entitled to winter fuel payments, with the final cost of living payment scheduled for February.
Source：thesun.co.uk
