UK To Cap Typical Household Energy Bills at £2.5K: Truss

The video discusses a new energy price guarantee aimed at providing certainty on energy bills, curbing inflation, and boosting growth. Starting October 1st, a typical household will pay no more than £2500 annually for two years, saving £1000 per year. This is in addition to a £400 energy bill support scheme. The guarantee, which includes a temporary suspension of green levies, supersedes the off gem price gap and is agreed with energy retailers. The plan involves securing wholesale energy prices and implementing long-term measures for affordable future supplies.

What does the temporary suspension of green levies aim to achieve?

What measures will be taken to secure future supplies of energy at affordable rates?