The Government Energy Price Guarantee

Modified on Thu, 22 Jun 2023 at 03:07 PM

HM Government has introduced an Energy Price Guarantee which limits the amount you can be charged per unit of gas or electricity from 1 October 2022. Currently, a typical UK household will pay up to an average of £2,500 a year on their energy bill. The Energy Price Guarantee will be in place until June 2023, and it's already been applied to your bill, so you don't need to take any further action.

The Government Energy Price Guarantee is applied automatically

When the discount is applied, the average unit price for dual fuel customers paying by Direct Debit will be limited to 34.0p/kWh for electricity and 10.3p/kWh for gas, inclusive of VAT, from 1 October. 

Our unit rates might be above 34p/kwh for electricity and 10.3p/kwh for gas, as this is an average cap. That means the actual amount you pay per unit of energy may be higher or lower than the average depending on how you pay for your energy and what region you live in.If you have a 2-rate electricity meter, the day rate reduction is more than 16.99p/kwh and the night unit rate is less. The total will still average out at a 16.99p/kwh reduction.

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