The Government’s Energy Price Guarantee of £2,500 is expected to remain until at least April 2024 but suppliers are urging for further taxpayer-funded subsidies as household energy debt approaches £3bn 🔴 Exclusive from DavidParsley50
, customers are projected to still be spending almost double what they were paying before prices started spiralling 18 months ago.Ms Collings said: “Without further“Focused support is therefore needed for the most vulnerable households. We propose targeting support at the 10 million customers on means-tested benefits, which will require data matching.
According to the latest figures from energy regulator Ofgem, 946,525 electricity customers and 758,809 gas users are in arrears. Another energy boss added that they had been in consultation with officials in the Treasury about the– discounted bills for vulnerable households – that could help up to 12 million of the UK’s 28 million households with energy bill support worth up to £1,500 a year.
“Any social tariff is unlikely to come in this winter as the Government is probably saving something up for a potential pre-election giveaway next year.” “There is a conversation about a new social tariff, which exists in water and other sectors of the economy, and I think the Government has a team looking at it in the Treasury, but I’m not expecting anything anytime soon.
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