Energy crisis lifeline for thousands of Britons as second homeowners to swerve price rises

While the new price guarantee places a limit on the rates that suppliers can charge customers for energy usage, some households are expected to pay far more or far less than the £2,500 average annual bill.

For holiday lets, they normally see higher utility bills as guests are less concerned about energy usage, with owners having little control over limits. But owners who have stayed on a variable tariff this year could see thousands of pounds slashed off their bills thank Ms Truss’ scheme. 

And according to the Department for Business, Energy and Industrial Strategy, the new price cap does not put second homeowners at an advantage as their final bill will still be based on the energy usage of the property. 

While this may be the case, owners of additional homes will also reportedly receive the Government’s £400 winter discount, which raised concerns as to whether this jeopardises the level of support that will be given to the most vulnerable households. 

READ MORE: Millions of drivers handed huge boost as poorest owners to get £3,000

Article source: https://www.express.co.uk/news/science/1669136/energy-crisis-second-homeowners-price-guarantee-bills-freeze