A coalition of 50 leading UK charities demanding immediate government action to lower energy bills now and to provide cheap, clean energy for the future.
Mar 15, 2023 • 11 tweets • 3 min read
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 💰📈
Mar 3, 2023 • 5 tweets • 1 min read
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.