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2022 Autumn Statement

Energy Price Guarantee and Cost of Living Payments

• This particular Scheme will apply to England, Scotland and Wales.

• A parallel scheme, based on the same criteria and offering comparable support, but recognising the different market fundamentals, will be established in Northern Ireland.

• From 1 April 2023 until 31 March 2024 the typical household will pay the equivalent of £3,000 per year. The present guarantee is capped at £2,500, up to 31st March 2023, as regards a typical household.

• A one-off payment of £900 will be paid to households on means-tested benefits (income-based Jobseeker’s Allowance; income-related Employment and Support Allowance; Income Support; Pension Credit; Universal Credit; Child Tax Credit; Working Tax Credit) across the UK in 2023-24.

• Pensioner households (those with people over State Pension age) will receive a one-off payment of £300 Pensioner in 2023-24.

• A one-off Disability Cost of Living Payment of £150 to recipients of extra-costs disability benefits across the UK in 2023-24.

Read more in our Autumn Statement 2022 (Click Here)