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Mar 15 • 3 tweets • 3 min read
The Chancellor @Jeremy_Hunt has announced the Energy Price Guarantee will stay at £2,500 for an average home.

He forgot to mention that houses will actually be paying £67 more per month on #EnergyBills because the Energy Bills Support Scheme is ending.

#Budget2023 #SpringBudget
🏡 7.5 million households will be in fuel poverty from April

🫰People will be paying more than double what they were in 2021

🍃We need a real plan for cheaper energy. The Chancellor needs to invest in home upgrades and a renewable revolution.
🫵 We need your help to get every MP on board to fight for a long-term solution to the #EnergyCrisis.

📢Join us on April 1st for our national mass lobby!

📜Thousands of us will call on our local MPs to sign the #WarmThisWinter cross-party pledge.

➡️warmthiswinter.org.uk/mass-lobby

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More from @ThisWinterUK

Warm This Winter Profile picture
Mar 15
Today the Chancellor set out his long awaited #Budget2023

With millions of households still struggling to pay their energy bills and make ends meet, this was an opportunity to lay out a meaningful long term plan to fix the UK's broken energy system.

So how did it stack up? 🧵⬇️
While the extension of the Energy Price Guarantee at current levels for 3 months is welcome...

...@eciuuk have calculated that all households will still pay £285 more for energy bills in 2023/24 than they did this winter 💰📈
The Chancellor also missed a vital opportunity to deliver much needed additional support to the 7.5 million households who will still be living in fuel poverty from April 🏠

Or address the issue of tackling the UK’s £2.7bn household energy debt 💷
Read 11 tweets
Warm This Winter Profile picture
Mar 3
The Ofgem Price Cap - Unpicked; A thread 🧵⬇️

On Monday Ofgem announced their latest quarterly price cap.

This announcement is largely irrelevant for consumers BUT prices will go up 📈 from April 1st 👇

(1/5)
This is because the Energy Price Guarantee (set by the government) is rising.

EPG = The limit on how much customers can be charged per unit of energy used.

Since October it’s meant typical households won’t pay over £2500 for their energy.

That’s set to rise to £3000 💰

(2/5)
Simultaneously the Energy Support Scheme is ending.

Meaning bills will be increasing up to 43% causing huge amounts of extra strain on already tight budgets 💵

“But isn’t the price of wholesale oil and gas falling?” 📉

(3/5)
Read 5 tweets

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