Local Member of the Welsh Parliament, Laura Anne Jones, has welcomed news that households across Wales will be protected from being overcharged on their energy bills thanks to an extension of the UK Government’s Energy Price Cap until the end of 2021.
Since its introduction in January 2019, the cap has saved customers in the UK around £1 billion a year, equivalent to around £75-100 a year for typical households on default energy tariffs.
An additional 4 million households with prepayment meters on default tariffs will also come under the protection of the cap from January.
Laura Anne Jones commented:
“ I very much welcome news that the UK Government has extended the Energy Price Cap until the end of next year.”
“The Energy Price Cap has been vital in ensuring customers do not pay too much on their bills.”
“Switching energy supplier to find the best value deals is still the best way to save on bills, but and the UK Government is determined to make sure all customers are treated fairly and get the protection they deserve.”
“In addition to the price cap, millions of customers have been able to benefit from lower bills as the numbers of those switching to cheaper tariffs has increased and the rollout of smart meters has progressed in recent years.”
“The Energy Price Cap extension is the latest measure to help vulnerable customers with their energy bills and follows particular support during the coronavirus pandemic.”