We recognise the recent increase in wholesale global gas prices will be a cause of concern for consumers, businesses, and energy suppliers across the UK.
Consumers have been shielded from price volatility this winter by the Energy Price Cap. The Government is also supporting low income and fuel poor households with their energy bills in a number of ways, including:
The increase in the price of wholesale gas is a global issue. We will continue to keep options to further support households under review. In the longer term, Government will look to reduce our reliance on global gas prices by moving to a cleaner, more resilient energy system and improve energy efficiency to help keep bills down.