Household Energy Bill Cap Extended for Further 3 Months, UK Government Says
The UK government will extend the cap on household energy bills for three more months, the chancellor has announced ahead of the Spring Budget.
To protect British households against high energy prices exacerbated by the Russian invasion of Ukraine, the government launched the Energy Price Guarantee last year, which has capped annual energy costs to £2,500 for a typical household.
The price cap, which had been due to rise to £3,000 in April, has now been extended at its current level to June, Chancellor of the Exchequer Jeremy Hunt announced on Wednesday.
The three-month extension will save a typical household around £160, the government said….