Energy bills are set to rise in April, despite a £1,000 reduction in the energy price cap

Default energy price cap

Government's energy price guarantee

£5,000

4,000

3,000

Projection

2,000

1,000

0

Oct-Dec

2022

Jan-Mar

2023

Apr-Jun

2023

Jul-Sep

2023

Oct-Dec

2023

Default energy price cap

Government's energy price guarantee

£5,000

4,000

3,000

Projection

Projection

2,000

1,000

0

Oct - Dec

2022

Jan - Mar

2023

Apr - Jun

2023

Jul - Sep

2023

Oct - Dec

2023