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Energy bill support would be based on household income, Reeves says
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This page reports on Chancellor Rachel Reeves's statement regarding energy bill support. Due to rising oil and gas prices caused by Middle East tensions, the government is considering assistance based on household income. While April's Ofgem price cap will see bills fall, significant increases are expected in summer. Reeves emphasized that support would be targeted at "those who need it most" rather than universal assistance like the 2022 Truss government scheme. Support is unlikely before autumn, and she stressed the importance of maintaining public finances. The next price cap announcement is expected to show significant increases.
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