Asked by: Sara Britcliffe (Conservative - Hyndburn)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what fiscal steps his Department is taking to support families with energy bills.
Answered by Chris Philp - Shadow Home Secretary
On 8 September, government announced an ‘Energy Price Guarantee’, which means that a typical UK household will pay no more than £2500 a year on their energy bill over the next 2 years. This measure will save the average household around £1000 a year from October 2022.
In addition to this, the government has already announced £37 billion support for the cost of living this financial year – including a £400 discount for all households through the Energy Bills Support Scheme. The Chancellor has been clear that unleashing investment and growth is the only sustainable means of increasing living standards for all households.