Full list of new direct debit and prepayment rates for British Gas, EDF, E.on, Octopus, Ovo, Bulb and more
From April 1, the amount you'll pay for gas and electric will increase no matter who your supplier is.
Money Saving Expert has now compiled a list of the new rates that will be charged by 11 UK suppliers from next month.
Unsurprisingly, most energy firms are increasing their standard tariffs to the maximum allowed by the Ofgem price cap - £1,971.
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This means millions of gas and electricity bills are on course to increase by 54% from April 1, putting additional pressure on household finances across the country.
The UK Government will pay £200 into every electricity bill-payer’s account in October to help offset the price cap. This will be repaid from April 2023 for five years.
Council Tax bill-payers in bands A to D, or those already receiving a Reduction in Scotland, will receive £150 non-repayable credit either to their bank account if the pay by Direct Debit or directly into their Council Tax account.
Contact your local council if you’re not sure where the money will go, but check your online Council Tax account first.
If you are not eligible for these support measures and on a low income, you may be able to get a Crisis grant from your local council - find out more here.
You should also contact your energy supplier if you are worried about paying your bills.
Read the full article on the MoneySavingExpert.com website here.
Here is the full list of rates, according to the Daily Record:
These prices are based on average rates as gas and electricity unit rates and standing charges vary by region.