Which? responds to the news that households will see energy prices soar despite a drop in the price cap from April

Rocio Concha, Which? Director of Policy and Advocacy, said:

“The forecast that the energy price cap will be £3,295 from April is concerning. Even though consumers will be protected by the energy price guarantee, people will still face a sharp spike in energy prices when the energy bill support scheme comes to an end and the guarantee increases from the current £2,500 to £3,000 for the average household in April.

“This increase will be especially difficult for pre-payment meter customers – who are more likely to be on lower incomes – to manage, as they can’t spread these increased costs out evenly over the coming year.

“In the absence of an effective means to target support, the best thing the government can do to support people is to postpone increasing the energy price guarantee to £3,000. For some families, who continue to be battered by high inflation, this will offer an important lifeline to stop them from falling into financial distress.”

ENDS