Government extends energy support

The Energy Price Guarantee will not go up in April as planned as the government extends energy support for another three months saving you £160. We look at what this means for your bills from next month.

person looking at their bill with a calculator
(Image credit: © Getty Images)

The government has today confirmed in its Spring Budget that it will not put up energy prices set by the Energy Price Guarantee (EPG) from next month as planned and support will stay at the current rate for another three months.

The EPG will now continue at its current rate until July 2023 instead of rising by 20% on 1 April.

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Kalpana Fitzpatrick

Kalpana is an award-winning journalist with extensive experience in financial journalism. She is also the author of Invest Now: The Simple Guide to Boosting Your Finances (Heligo) and children's money book Get to Know Money (DK Books).

Her work includes writing for a number of media outlets, from national papers, magazines to books.

She has written for national papers and well-known women’s lifestyle and luxury titles. She was finance editor for Cosmopolitan, Good Housekeeping, Red and Prima.

She started her career at the Financial Times group, covering pensions and investments.

As a money expert, Kalpana is a regular guest on TV and radio – appearances include BBC One’s Morning Live, ITV’s Eat Well, Save Well, Sky News and more. She was also the resident money expert for the BBC Money 101 podcast .

Kalpana writes a monthly money column for Ideal Home and a weekly one for Woman magazine, alongside a monthly 'Ask Kalpana' column for Woman magazine.

Kalpana also often speaks at events. She is passionate about helping people be better with their money; her particular passion is to educate more people about getting started with investing the right way and promoting financial education.