Will I get the £100 energy payment and when will I receive it?
Here is what you need to know about the payment that millions will receive from January.
The government has announced a £100 payment for up to 20 million households in England to help with their energy bills during the winter. Chancellor John Healey revealed this in the recent Budget, aiming to provide relief to those facing rising energy costs. While a typical annual energy bill is expected to increase by £276 in January, recent forecasts suggest it could rise by £400 or even £2,100, meaning the £100 payment would only alleviate a quarter of the increase.
Eligibility for the payment is based on the property's council tax band, with homes in bands A to D in England being eligible. Residents can check their council tax band using their postcode or by looking at their paper bill. The payment will be directly deposited into the account used for council tax payments, starting from January for those who pay by direct debit.
Exemptions apply to students living in council tax bands A to D, such as those in halls or private rentals, but the local authority will provide appropriate support for them. The money for these payments is funded by an increase in the corporation tax surcharge on banks, set to rise from 3% to 6% from January 2027 to March 2028.
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