Warning energy bills may rise above £4,000 in April

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Warning energy bills may rise above £4,000 in April
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The prediction from analysts comes as the government scales back its two-year promise to cap bills.

Typical household energy bills could reach £4,347 a year from April after the government said it would scale back support, an analyst has estimated.

On Monday, he said "it would not be responsible to continue exposing public finances to unlimited volatility in international gas prices".The government's Energy Price Guarantee, which limits the price that suppliers can charge for each unit of energy, was originally put in place for two years from 1 October.

The details of support from April will be decided following a review, Mr Hunt said. He said those on lower incomes would be supported and there will be incentives to be more energy efficient. However, on "current calculations without the government support", he estimated that the average energy bill would reach around £4,300 in April, dropping below £4,000 by the summer.Sharing this concern, Mary Starks, former executive director for consumers and markets at energy regulator Ofgem, told the Today programme that the move had put people back into a position of "great uncertainty".

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