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<p>The Government recognises that many households will need support to help deal with
the rising cost of energy. Therefore, the Chancellor of the Exchequer announced a
package of support worth £9.1bn in 2022-23 on 3 February. This is composed of:</p><ul><li>A
£200 reduction in households' energy bills this autumn, paid back automatically over
the next 5 years, spreading the cost of high global gas prices in a way that is more
manageable for households.</li><li>A £150 non-repayable cash rebate for 80% of households
to help with rising costs now, delivered as a payment to all households in Council
Tax Bands A-D from April this year.</li><li>£144 million of discretionary funding
for Local Authorities to support households who need support but are not eligible
for the Council Tax reduction.</li></ul><p> </p><p>This is in addition to the existing
support measures that are helping those most vulnerable to heat their homes over this
winter. These include the Warm Home Discount, which is being expanded to 3m people
and increased to £150, up to £300 Winter Fuel Payment for all households with at least
one member above State Pension age and a £25 per week Cold Weather Payment – plus
our £500 million Household Support Fund. We’re also providing £3bn over this Parliament
to help more than half a million lower income homes become more energy efficient,
saving them £290 per year on average.</p><p> </p><p>The £200 reduction will be paid
to all households and recouped over the next 5 years. This approach is fiscally responsible
while also helping customers manage the unprecedented increase in energy bills by
spreading the increased costs of global prices over time.</p><p> </p><p>The Department
for Business, Energy and Industrial Strategy (BEIS) will work closely with industry
and consumer groups on how best to deliver this policy, including through a public
consultation in the Spring.</p>
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