price cap, which was set to increase to 3,459 per year.
Households in Great Britain will have their energy bills capped at 2,500 British pounds per year from October 2022 onwards, due to the measures introduced by the UK government in September of 2022. This will result in savings of around 1,050 for the average household, compared with the previous Estimated annual savings on energy bills under the 'Energy Price Guarantee' in Great Britain as of 2022, by property type (in GBP)
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Other statistics that may interest you Cost of living crisis UK
Overview
6
- Basic Statistic British adults reporting a cost of living increase 2021-2024
- Basic Statistic Inability to pay an unexpected expense of 850 GBP in Great Britain 2021-2024
- Premium Statistic Main reasons that people have seen their cost of living increase Great Britain 2024
- Premium Statistic Main measures taken due to the cost of living increase in Great Britain 2024
- Basic Statistic Most important issues facing Britain 2019-2024
- Basic Statistic Best political party for handling the economy poll UK 2022-2024
Inflation and prices
8
- Basic Statistic Inflation rate in the UK 1989-2024
- Basic Statistic CPI inflation rate in the UK 2024, by sector
- Premium Statistic Sector contribution to inflation in the UK 2020-2023
- Basic Statistic CPI inflation rate for goods and services in the UK 1989-2024
- Premium Statistic CPI inflation rate for food and non-alcoholic beverages in the UK 1989-2024
- Premium Statistic CPI inflation rate for housing, water, electricity, and gas in the UK 1989-2024
- Basic Statistic Core inflation rate of the UK 1989-2024
- Basic Statistic CPIH inflation rate in the UK 2021-2023, by household income
Earnings and expenditure
6
- Premium Statistic Forecast of annual change in real household disposable income per person UK 1956-2029
- Basic Statistic Average weekly earning growth in the UK compared with inflation 2001-2024
- Basic Statistic Average weekly earning growth in the UK 2001-2024
- Premium Statistic Average weekly household expenditure in the UK 2022, by category
- Basic Statistic Household expenditure breakdown in the UK 2022, by decile
- Premium Statistic Ofgem energy tariff price cap for direct debit customers in the UK 2019-2023
Response to the crisis
7
- Premium Statistic Monthly bank rate in the UK 2012-2023
- Premium Statistic Government expenditure on cost of living support policies in the UK 2023
- Basic Statistic Value of government support packages for the cost of living crisis UK 2022-2024
- Premium Statistic Energy bill savings under the 'Energy Price Guarantee' Britain 2022, by property
- Basic Statistic How people are saving money in the UK due to the cost of living crisis 2022
- Basic Statistic How people are saving money long term in the UK due to the cost of living crisis 2022
- Basic Statistic Satisfaction with the government response to cost of living crisis UK 2022
Further Content: You might find this interesting as well
GOV.UK. (September 21, 2022). Estimated annual savings on energy bills under the 'Energy Price Guarantee' in Great Britain as of 2022, by property type (in GBP) [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1335883/gb-energy-price-guarantee-savings-by-property/
GOV.UK. "Estimated annual savings on energy bills under the 'Energy Price Guarantee' in Great Britain as of 2022, by property type (in GBP)." Chart. September 21, 2022. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1335883/gb-energy-price-guarantee-savings-by-property/
GOV.UK. (2022). Estimated annual savings on energy bills under the 'Energy Price Guarantee' in Great Britain as of 2022, by property type (in GBP). Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1335883/gb-energy-price-guarantee-savings-by-property/
GOV.UK. "Estimated Annual Savings on Energy Bills under The 'energy Price Guarantee' in Great Britain as of 2022, by Property Type (in Gbp)." Statista, Statista Inc., 21 Sep 2022, https://www.statista.com/statistics/1335883/gb-energy-price-guarantee-savings-by-property/
GOV.UK, Estimated annual savings on energy bills under the 'Energy Price Guarantee' in Great Britain as of 2022, by property type (in GBP) Statista, https://www.statista.com/statistics/1335883/gb-energy-price-guarantee-savings-by-property/ (last visited May 11, 2024)
Estimated annual savings on energy bills under the 'Energy Price Guarantee' in Great Britain as of 2022, by property type (in GBP) [Graph], GOV.UK, September 21, 2022. [Online]. Available: https://www.statista.com/statistics/1335883/gb-energy-price-guarantee-savings-by-property/