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The Ofgem announcement on Thursday 24 November 2022 that the annual energy bill of a typical household would have risen to £4,279 between January and March 2023, were prices not capped by the Government's Energy Price Guarantee (EPG), means that supporting all households with energy bills over these three months will cost £16 billion, according to Resolution Foundation analysis. The EPG is set to save a typical energy bill payer around £630 between January and March next year. [Read Full Article] |
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