Households in Gedling borough will get money off after it was announced energy bills are set to increase again in April.
The government revealed their action plan by offering a £200 rebate for customers.
The latest rise is set to push bills up by almost £700 a year.
The price cap is set according to wholesale costs which have rocketed over the winter.
The price cap, which is reviewed twice a year and adjusted in April and October, will shoot up by 54% to £1,971, Ofgem revealed this week.
For those on prepayment meters the price cap will rise from £1,309 to £2,017 – an increase of £708.
This week Chancellor Rishi Sunak announced he was giving all energy customers a £200 discount on their energy bill to tackle the rising costs.
Speaking in Parliament earlier this week, Mr Sunak said the help will spread the worst of this year’s energy price shock over time.
He said: “This year all domestic electricity customers will get an upfront discount on their bills worth £200
“Energy suppliers will apply the discount on people’s bills from October, with the government meeting the cost in full.”
“That discount will automatically be repaid from people’s bills in equal £40 instalments over the next five years.”
Repayments will start from April 2023, when it’s hoped that the energy market will have returned to normal.
The £200 rebate is designed to soften the blow of bills rising from the price cap increase in April.
But hard-up folk in Gedling borough will have to wait until October when the cap could increase again, and they will have to pay the money back later on.
Sherwood MP Mark Spencer praised the move.
He said: “The Government is taking a sensible and comprehensive approach to tackling the rising costs of energy.
“The £200 rebate on our electricity bills is going to be open to every single household in Gedling borough. This will be an incredible help to many of my constituents and many households across the United Kingdom.
“We needed immediate action, and the Chancellor of the Exchequer delivered.”
What help can I get with my energy bills?
On top of the £200 energy bill rebate announced today, there’s other help you can get if you’re struggling with energy bills.
In the first instance it’s best to speak to your supplier directly if you are struggling to pay your bill or are worried about falling behind.
It’s best to do this sooner rather than later as failed direct debit payments could cost you extra and affect your credit score.
Gedling Borough Council offers help and support, with more advice available on their website HERE
If you’re worried about paying bills, falling behind or are in debt, there are plenty of organisations where you can seek advice for free, including:
- National Debtline – 0808 808 4000
- Step Change – 0800 138 1111
- Citizens Advice – 0808 800 9060
Perhaps this useless M.P. and BoJo sycophant can explain why the fuel price increase in France is only 4% compared to our price cap increase of 54%.