Energy crisis and cold weather concept] Every three months, Ofgem – the government energy regulator – assesses the energy market and sets a new maximum price per unit providers can charge households on a standard, or default, tariff.
To help households cope with these rising bills, Ofgem has announced an extension of the debt allowance, intended to support energy suppliers help customers who are struggling to keep on top of bills.
‘Alongside this, the way to deliver energy security and bring down bills for good is to deliver our mission to make Britain a clean energy superpower with homegrown clean power that we in Britain control.’.
From April 1, when the latest energy price cap kicks in, households paying bills by direct debit face an average annual bill of £1,849.
Ofgem chief executive Jonathan Brearley said: ‘We know that no price rise is ever welcome, and that the cost of energy remains a huge challenge for many households.
