UK Business Secretary Jacob Rees-Mogg said the scheme would begin in November but would be backdated to October.
The scheme will start in November but be backdated to October. Image: Shutterstock/Ink Drop The scheme will start in November but be backdated to October. Image: Shutterstock/Ink Drop THE UK GOVERNMENT has announced an energy price cap for homes in Northern Ireland.
UK Business Secretary Jacob Rees-Mogg said the energy support scheme would offer households in Northern Ireland the same level of gas and electricity bill support as an equivalent scheme in Britain. The announcement follows the launch of the Energy Price Guarantee for households in the rest of the UK, under which a typical household will pay on average £2,500 a year on their energy bill for the next two years from October 1.AdvertisementEnergy suppliers will reduce bills by a unit price reduction of up to 17p/kWh for electricity and 4.2p/kWh for gas.
Households in Northern Ireland will also receive a £400 discount on bills through the Northern Ireland Energy Bills Support Scheme. The UK Government has also announced plans to introduce a cap on wholesale energy bills for businesses in the rest of the UK, and said a parallel scheme will be established in Northern Ireland.