The Treasury has performed a U-turn on a planned cut to energy support for households after warnings that it would plunge many thousands more families into poverty. In an announcement on the morning of the chancellor Jeremy Hunt’s budget speech, the government confirmed that the energy price guarantee would continue at its current rate, which limits a typical annual household bill to £2,500. It is being extended from April, when it was due to expire, for a further three months until the end of June. – Guardian
A ban on the forced installation of prepayment meters by energy companies has been extended beyond the end of March, Ofgem has said. The energy regulator’s chief executive, Jonathan Brearley, told MPs that suppliers would not resume the installations until a code of practice was published and Ofgem was satisfied it was being adhered to. – Guardian
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