Worried about your gas bills in 2022?
54% of Britons have noticed a major increase in energy costs in early 2022.
Source: YouGov Feb 2022
Bills are set to rise roughly £700 from April
Ofgem who regulates the energy industry, is responsible for setting the maximum price for each kWh of gas which customers who are on “default tariffs” can be charged.
It is estimated that 22 million of the total 29 million homes in the UK are on default tariff’s, with the average energy bill set to increase by £700 per year.
In a typical household, over 50% of the fuel bills are spent on heating and hot water.
Source: Energy Savings Trust
£350 Government Support
£200 via the “Energy Bills Rebate” which benefits almost all domestic households with an upfront discount on their bills worth £200. It is applied automatically by energy suppliers, and it will take effect from Oct 2022. Customers will repay this cost over a five year period (£40 per year) starting in 2023.
£150 via a Council Tax Rebate which will support roughly 80% of households (Bands A-D) with a non-repayable tax rebate from April 2022.
Want to save up to an extra £580* by upgrading your boiler?
Source: Energy Saving Trust
Got a newer boiler but want to reduce your gas bills?
The figures on this page are taken from the Energy Saving Trust.
*Based on installing a new A-rated condensing boiler in England, Scotland and Wales with a programmer, room thermostat and thermostatic radiator controls (TRVs) in a gas heated detached home from an older G-rated boiler with a programmer and room thermostat. Figures are based on fuel prices as of April 2022. Savings will vary depending on the size and thermal performance of your home.