Economy

Chancellor to introduce measures to assist low-income households with energy costs

The Guardian · October 6, 2026Original source ↗

Chancellor to introduce measures to assist low-income households with energy costs

What happened

Chancellor John Healey is planning to implement measures in the upcoming budget aimed at reducing energy bills for low-income households. Officials are drafting changes that could affect the pricing structure of energy companies, with more than £1 billion allocated for consumer assistance, primarily through increased discounts for qualifying households.

Why it matters

This intervention is significant as it addresses the financial pressure on vulnerable households due to rising energy costs.

How this story affects people

How does this story affect you if you are a low-income household?

You will likely benefit from increased discounts on energy bills, which aim to alleviate the financial burden of rising energy costs. This assistance comes as energy prices are forecasted to rise significantly, providing crucial support to help manage your household expenses.

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