Prime Minister to unleash a £100 billion, two‑year energy freeze this week

Prime Minister to unleash a £100 billion, two‑year energy freeze this week

Energy Bill Freeze: The Warm & Cost‑Saving Surprise

Picture this: the UK’s Prime Minister, Liz Truss, soon to drop a bombshell that could keep your electric bill from doing the dreaded “slippage” during the frosty weeks ahead.

What the Freeze Looks Like

  • Up to two years of bill‑freezing – yes, your meter might as well be on “holiday” mode.
  • The government subsidises the price of the gas that powers all those fluorescent bulbs and boilers.
  • After the freeze, the average household cap stays at around £1,971.
  • Estimated cost to the Treasury: a whopping £100 billion.

Think It’s Unavoidable? Here’s Why

Paul Johnson, director of the Institute for Fiscal Studies, told reporters the freeze is “unavoidable” – like that meltdown of your coffee machine during a blackout.

Meanwhile, former politician Sir Iain Duncan Smith weighed in, suggesting the figure could even lean toward £90 billion – a number that would make accountants sigh with relief on the financial front.

Why You’ll Love It

  • No surprises on the monthly bill – your saved money keeps doing the happy dance in your bank account.
  • Thermoses stay warm: appliances get a “spa treatment” thanks to subsidised gas.
  • Fewer “payment grief” moments, which means you can focus on the important stuff, like who gets the last slice of pizza.

So, folks, grab a mug of tea, lock your windows tight, and let’s enjoy a winter months where your electric bill behaves the way everyone wants it to: calm, predictable, and—most importantly—friendly to your wallet.