Both domestic and commercial properties may see an increase in their bills come April, as energy firms are to warn customers of the energy price changes in the next months.
From 1 April, previous help offered will be scaled back, including the £400 winter discount and the typical household bill limit of £2,500 per year.
In the coming month, typical household energy bills are set to rise to £3,000 per year – a large leap for some households during a challenging time. Households which use more energy will pay more, and those that use less will pay less.
For businesses and commercial properties, the Energy Bill Relief Scheme (EBRS) will be replaced by the Energy Bills Discount Scheme (EBDS) on March 31, 2023, limiting the wholesale price that suppliers pay to generators for energy.
GOV.UK says; “As with the original scheme, the new scheme will be available to everyone on a non-domestic contact including businesses, voluntary sector organisations and public sector organisations.
“For most non-domestic energy users in Great Britain and Northern Ireland these maximum discounts have been set at: electricity at £19.61 per megawatt hour (MWh) with a price threshold of £302 per MWh, and gas at 6.97 per MWh with a price threshold of £107 per MWh.”