This limits how much energy suppliers can charge you for a single unit of gas and electricity until 2024.
Costs would have been higher if the government hadn’t stepped in.
How much are bills under the Energy Price Guarantee?
Currently, under the guarantee, typical households in England, Scotland and Wales are paying around £2,500 annually for energy bills. This will rise again to around £3,000 from 1 April this year.
What happens to financial support after March 2023?
Support for most households will be reduced, but cost of living payments for low-income households, disabled people and pensioners will continue until spring 2024.
Would you like some simple energy saving hacks to help you stay warm and save money this winter? Millions of people are already using our trusted information, and you join them by downloading your free warm home hacks guide today.