The government’s support schemes to protect people and businesses from soaring energy prices were “undoubtedly successful”, Whitehall’s spending watchdog has said.
The previous government introduced eight different support schemes for households and businesses – including the Energy Price Guarantee – in 2022 and 2023 after Covid-19 and Russia’s invasion of Ukraine caused average annual household bills to increase from £1,277 in the winter of 2021/22 to more than £4,000 by the start of 2023.
