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Energy bill support to be extended as price rise looms

March 3, 2023

Via: Sky News
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Sky News understands the chancellor will cancel a reduction in support that would have seen typical annual bills rise from £2,500 to £3,000.

In recent days, the government has asked energy suppliers to prepare for both scenarios, fuelling a widespread expectation in the industry that existing support will be maintained when chancellor Jeremy Hunt delivers his budget on 15 March.

Energy companies have been asking for guidance ahead of a regulatory deadline to inform customers of impending price changes, which falls this weekend.

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