2min chapter

The Martin Lewis Podcast cover image

Council tax, £1000s back? Money-piphany, energy bills

The Martin Lewis Podcast

CHAPTER

Is the Government Setting the Energy Price Guarantee?

In April, the Energy Price Guarantee Rate is set to increase by 20%. This is totally at the discretion of the government. I have written to the chancellor to say he should postpone that rise. The mental health impacts of so many people are not worth it for just three months. After July, the price cap will be lower than the Energy Price guarantee rate. From that point onwards, the government's subsidy tariff will no longer matter. We will be at the price cap tariff because it is lower.

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