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These measures will help families deal with household costs as the Conservative Government delivers on its promises to halve inflation, grow the economy and reduce debt – improving living standards for everyone across the UK. The Chancellor also announced fuel duty will be frozen for a thirteenth consecutive year, saving the average driver around £200 since the 5 pence cut was introduced. The Autumn Statement 2022 also confirmed a boost to the Household Support Fund, bringing the fund to over £2.5 billion. This includes up to £1,350 of support for households in 2023-24: £900 for households on means-tested benefits £300 for pensioner households and £150 for disability benefit claimants. Today’s EPG extension builds on the generous cost of living support confirmed at the Autumn Statement 2022.

This will be achieved through adjusting the EPG from the 1 July to bring prepayment metered customers in line with the EPG until it ends in April 2024. The Chancellor also announced the end to the premium paid by over four million households using prepayment meters across the UK. Today’s announcement brings the total support over 2022-24 to £94 billion – an average of £3,300 per UK household. This extension means the typical household will have saved £1,500 on their energy bills since 2022 thanks to the Conservative Government. The Conservative Government has today announced the Energy Price Guarantee (EPG) will remain at £2,500 for another three months, saving the typical family £160 on their energy bill.

Today’s announcement builds on the extensive support in place for vulnerable households – such as £900 Cost of Living Payments for eight million families on means tested benefits.īrendan Clarke-Smith MP welcomes the Conservative Government’s £94 billion cost of living package and extension of the Energy Price Guarantee at £2,500, supporting families across Bassetlaw.

The Conservative Government is extending the Energy Price Guarantee at £2,500 for a further three months, saving households an additional £160 and bringing the total government support for energy bills to £1,500 for a typical household since October 2022.

The Conservative Government have today confirmed the amount of cost of living support in place between 2022-24 has reached £94 billion – an average of £3,300 per household.

Brendan Clarke-Smith MP welcomes the Conservative Government’s £94 billion of cost of living support for families across Bassetlaw