A new price cap rise announced.
from £7.8 billion in the last three months of 2022 to £15.1 billion in the first three months of next year, according to estimates by energy consultancy Auxilione.
Without the Government’s support, bills for the average household would be 67p per unit of electricity instead of 34p, and 17p per unit of gas instead of 10.3p.Energy is charged per unit, so those who use more can spend more. The average household bill would have reached around £4,279 per year, instead of the £2,500 that they will now pay due to Government support.The Energy Price Guarantee is still in place, and consumers will continue paying the price set by the government until April 2023
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