To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking with Ofgem to help consumers save money on their energy bills.
Answered on
18 December 2020
In October we extended the Energy Price Cap until at least the end of 2021, which means that 15 million households across the UK will continue to be protected from overcharging on their energy bills. Since its introduction in January 2019, the Cap has saved customers around £1 billion a year.
We have also introduced energy efficiency measures to further reduce bills and tackle fuel poverty. The Green Homes Grant voucher scheme, which opened in September 2020, provides low income homeowners in England up to £10,000 each to install energy efficiency and low-carbon heating measures in their homes. An additional £640m per year is available through the Energy Company Obligation scheme to help fuel poor and low-income households stay warm while reducing their energy bills.
In addition, the Warm Home Discount provides over 2 million low-income and vulnerable households with a £140 rebate off their winter energy bill.