Brits could face average energy bills of up to £5,000 after Gov policy U-turn

He said it "would not be responsible" to carry on the cap after that considering the "volatility" of the energy market.for each unit of gas and electricity.

This means that your bill could be higher depending on how much energy you use - so if you use more, expect to pay more.' initial plan was due to save the average household around £1,000 a year, and protects billpayers from further expected rises over the coming months.Instead, the most hard-up households will have the wholesale price of gas and electricity capped, while everyone else will no longer be protected from market prices.

This would mean that the prices for each unit of gas and electricity could fluctuate daily and lead to higher bills. Laura Suter, head of personal finance at AJ Bell, said: “Scrapping all but six months of the Energy Price Guarantee will send shockwaves through households in the UK, who are once again going to be exposed to soaring energy prices and the prospect of a struggle to pay their bills.

"The indication from Mr Hunt is that help will be targeted at those who need it the most from April onwards, rather than universal support regardless of income. However, there’s no guarantee that the support will be meaningful after April.”

If only we had years of financial incentive encouraging renewables on small and large scale.. Oh well,

Stop scaremongering No point doing a blanket reduction and paying for saunas and pools It’ll be focused

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