Pensioners: Cost of Living

(asked on 2nd September 2024) - View Source

Question to the Department for Work and Pensions:

To ask His Majesty's Government what steps they are taking to ensure the wellbeing of pensioners this winter, particularly in the light of (1) the forecasted rise of household bills, and (2) the removal of the Winter Fuel Allowance.


Answered by
Baroness Sherlock Portrait
Baroness Sherlock
Parliamentary Under-Secretary (Department for Work and Pensions)
This question was answered on 16th September 2024

Over the next five years we expect over 12 million pensioners are likely to see their State Pensions increase by thousands of pounds as a result of our commitment to the Triple Lock.

Additionally, the Government will invest an extra £6.6 billion over this Parliament in clean heat and energy efficiency through the Warm Homes Plan, upgrading five million homes through solutions like low carbon heating and improved insulation to reduce emissions and cut bills.

The Household Support Fund is also being extended for a further six months, from 1 October 2024 until 31 March 2025.   An additional £421 million will be provided to enable the extension of the HSF in England, plus funding for the Devolved Governments through the Barnett formula to be spent at their discretion, as usual.

The Warm Home Discount scheme in England and Wales provides eligible low-income households across Great Britain with a £150 rebate on their electricity bill. This winter, we expect over three million households, including over one million pensioners, to benefit under the scheme.

We know there are low-income pensioners who aren’t claiming Pension Credit, and we urge those people to apply. This will passport them to receive Winter Fuel Payment alongside other benefits – hundreds of pounds that could really help them. We will ensure that the poorest pensioners get the support they need.

Over the past two years, energy bills have fallen. Between 1 October to 31 December 2024 Ofgem’s energy price cap is set at £1717 per year for a typical household. This means the price cap for October to December 2024 will be more than 5% lower (£117 less) than for October to December 2023.

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