John Healey hands households £100 energy bill support payments

John Healey hands households £100 energy bill support payments Energy bills are set to increase to record highs in January 2027. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Add us as preferred source Comments By Toby Codd 12:45, Wed, Oct 28, 2026 Updated: 15:25, Wed, Oct 28, 2026 Budget: £100 cost of living boost for millions Support has been confirmed ahead of the biggest rise in household energy bills in four years.

Chancellor John Healey has announced a new cost control framework, including a £100 "household energy payment" to people in council tax bands A to D. The move is forecast to help around 20 million households with their energy bills this winter. Mr Healey said: "I know that with the conflict in the Middle East , rising energy bills are a real worry. I know that people look to government at times like this, not to solve all their problems, but to give them a bit of breathing space.

Article continues below ADVERTISEMENT "So today I'm taking one further step: this winter for 20 million households in council tax bands A to D, I'm announcing a £100 energy payment for households." The money will be paid directly into people's bank accounts. The scheme, which will be finded by hiking taxes on banks, will cost around £2.6billion and help "take pressure off" people with soaring bills over the upcoming winter months. It comes after independent energy consultancy Cornwall Insight predicted the Ofgem price cap for a typical dual-fuel household withh rise from £1,723 to £1,999 in January 2027.

Meanwhile, EDF Energy is forecasting a 27% jump that coukd push typical annual bills up to £2,192. Article continues below ADVERTISEMENT Healey continued: "£50 off VAT, £100 off council tax for this winter 2 tax cuts. For next year, fairer bills and for the long term radical reform of the energy market to produce cheaper power. Breathing space now, hope for the future delivered to the British people by this Labour government." Article continues below ADVERTISEMENT New energy bill support has been confirmed. (Image: Getty) John Healey gives pensioners green light to blow their retirement savings - sheer madness State pension age change to 65 massive update as it crosses threshold after DWP response Get personal finance news, money saving tips and advice plus selcted offers and competitions I would like to receive emails from the Daily Express featuring our latest products, services, offers, and promotions from across the Reach Plc family .

Subscribe Invalid email You agree you are 18 or over. We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. You can unsubscribe at any time. More Info . On the household energy payment, Martin Lewis said on X: "£100 payment to all households in Council Tax bands A to D for England (and funding for same in other nations).

That's 20m homes. Translation: This is the support for the huge rise due in January price cap. Its expected to be 27% up. Which equates to roughly £100 from Jan to March alone." Standing charges on gas bills will be scrapped from next year for around 23 million homes, the Treasury has announced. The charges are a fixed daily fee added to bills, regardless of how much gas a customer uses, and cost around £108 per year for a typical household.

Mr Lewis spoke with the Chancellor on Wednesday morning, confirming that the gas standing charge will be scrapped in 2027. The financial guru believes this will make 60% of Brits better off. He explained: "The Chancellor also said he will be talking to [energy regulator] Ofgem about how they get rid of the Charge on electricity as well, but that is 'trickier' apparently and will take longer. The Chancellor has confirmed further energy bill help. (Image: Getty) "This is primarily about the Price Cap Standing Charges.

There will still be an open market, so other firms can offer other forms of prices with or without the Standing Charge. My suspicion is that once it goes on the Price Cap, it will tend to be reduced on other tariffs as well." He continued: "As for those on fixes: if you get a fix now, the rate of your fix is fixed, so this should not affect it. You will pay what you pay and if it has Standing Charges they will continue (some asking if they should delay fixing because of this; no, if a fix is right for you and will save you money, don't let this change that – this is about the structure of bills, as opposed to the actual costs on bills).

"About 60% of people will pay less due to this, 40% more. My guesstimate is the dividing line will be somewhere around 12,500 kilowatt hours of gas (can't know until there is actual pricing). According to a study by Nesta, this switch would leave the majority of people in all income groups under £100,000 better off." Budget 2026 Energy bills Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Add us as preferred source Comments