The energy regulator OFGEM has announced that the energy price cap will rise in April. Without action, this would be very tough for millions of families. So the government is stepping in with a £350 Energy Bills Rebate.
The first part of the scheme spreads the extra costs of this year’s energy price increase over time. In October every household will receive a £200 discount on their electricity bills. People will then have five years to repay that discount in equal installments of £40 a year.
We'll also provide more help to those who need it most by discounting Council Tax bills by £150 in April. Providing the discount to households in Bands A to D. Around 80% of all homes in England.
We’re also providing local authorities with a discretionary fund of nearly £150m to help lower-income households in higher Council Tax bands and households in bands A-D who are exempt from Council Tax.