Reply To: Price cap to increase by £693 from April | Ofgem So as we all know, the regulator Ofgem is allowing the energy price cap to increase from 1 April 2022 which is a worry for most of us. So I…

[dodgydrains]

The £350 is not as great as one might think.

You only get the £150 as council tax rebate (discount).

£200 is given as a ‘credit’ to your energy bill which is then recouped over the next 5 years at £40 per year.

This is recouped regardless of whether you benefitted from the £200 in the first place.  For example from young people who become new homeowners or renters for the first time will pay the extra £40 per year from April 2023.

I deal with energy in a commercial property company I work for.  This is essentially like a levy that you have to pay whether you benefitted or not.  It is a scam by the UK government.

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