This morning, 3rd February 2022, Ofgem announced that the energy price cap level will rise by 54% from 1st April. This represents an average bill increase of £693 a year for households in England, Wales and Scotland. Taking the average bill to £1,971 a year. Pre-payment customers will see an average increase of £708 taking their annual bill to £2,017 on average.
As a result of this, the Chancellor immediately announced a number of measures to provide some mitigation to householders facing these huge price rises. These include;
- All domestic electricity customers will receive a £200 discount on their bills from October. (Please note that this is just a loan, and will be recouped over 5 years.)
- The Warm Home Discount eligibility will be extended to reach 3 million vulnerable households next winter.
- £150 rebate on council tax bills in England for householders in council tax bands A to D – representing 80% of council tax payers.
- £150m for local authorities in England to help lower income households.
How we can support vulnerable households
As we’re sure everyone is aware, over the last six months we’ve seen the cost of energy has rocketed. Resulting in record numbers of people contacting us for energy advice. Many are struggling to pay the bills each month and keep their homes warm this winter.
Our expert team of Home Energy Advisers are all on hand to help residents across North Devon & Torridge to get through this difficult time. We can help to find ways to lower energy bills now and keep you warm this winter.
We are working with organisations like Local Energy Advice Partnership (LEAP), North Devon Council, Torridge District Council, CAB, North Devon Voluntary Service and many other specialist services to help deliver the help needed to our customers.
If you are concerned about your energy bills or how these price increases may affect you in the future, please do get in touch.