Earlier today the Prime Minister announced a new ‘Energy Price Guarantee’. Meaning that from the 1st of October a typical UK household will pay no more than £2,500 a year on their energy bill for the next two years. Protecting the UK from the volatility of global energy markets caused by Putin’s war in Ukraine.
Therese said: “I’m pleased to confirm that we are taking swift action to protect families and businesses from the rising cost of energy. The measures we have introduced today will save households at least £1,000 a year - in addition to the £400 energy bills discount already in place.”
“Crucially for our part of Suffolk, those who do not pay directly for mains gas and electricity will be no worse off and will receive support through a new fund.”
Therese added: “I’m also pleased to confirm that a new six-month scheme for businesses and other non-domestic energy users - including charities and public sector organisations - will also offer equivalent support as is being provided for consumers. This will protect hard-pressed businesses and provide them with the certainty they need to plan for the future.”
“After this initial six-month scheme, the Government will provide ongoing, focused support for vulnerable industries. There will be a review in 3 months’ time to consider where this should be targeted to make sure those most in need get support.”
