Mar 12, 2023

Spring Budget: Prepayment energy meter bills to be cut by £45

Chancellor Jeremy Hunt, who is expected to announce the plan in his Spring Budget on Wednesday, said it was "Clearly unfair that those on prepayment meters pay more than others". Ofgem, which is reviewing prepayment meters, told energy firms at the end of February to start compensating customers whose homes were wrongfully fitted with a prepayment meter. Firms were banned from installing prepayment energy meters under warrant, but that is due to end at the end of March. Energy Security Secretary Grant Shapps said: "Charging prepayment meter customers more to receive their energy is a tax on some of our most vulnerable - this change will stop that." "Their delay will be cold comfort for the millions of prepayment customers who have been paying higher energy bills as a result of the government's indecisiveness," said Ed Miliband, Labour's shadow climate and net zero secretary.

Read the full story

 Related companies

Make a complaint about Budget by viewing their customer service contacts.