---
templateKey: pricecap
metadataTitle: "The New Energy Price Cap Changes: Everything You Need To Know | Boost"
metadataDescription: >-
  Ofgem's new energy price cap will start on 1st April 2022. Here's everything you need to know, from why prices are rising to getting urgent support if you're struggling to pay your bills.
title: "The New Energy Price Cap Changes: Everything You Need To Know | Boost"
image: /img/couple-sofa.jpg
heading: "Price cap changes: supporting our customers"

description: >-
  We understand that lots of our customers are feeling worried about changes to the energy price cap. That’s why we’ve pulled together some information here to help you understand what’s happening – and find out how we can help.
affects:
  title: "### **What the price cap is** and why it’s rising"
  body: >- 
    The energy price cap is set by the regulator Ofgem, and it puts a limit on the prices that energy companies can charge for variable tariffs. 


    These tariffs are priced in line with the **cost of wholesale energy** (the price we pay to buy energy from the companies that generate it).


    Wholesale prices have risen significantly – high above the price cap. Which means suppliers have had to buy energy for a much higher price than they’re able to sell it for.


    On **1 April 2022 Ofgem is raising the price cap** to reflect the rises in wholesale prices. 
  
paymentSchemesPanel:
  blurbs:
    - heading: Fuel Direct Scheme
      description: |-
        The Fuel Direct scheme helps to pay your energy bills directly from your benefits (the scheme is run by the [Department for Work and Pensions](https://www.gov.uk/government/organisations/department-for-work-pensions)). For more information, contact [Jobcentre Plus](https://www.gov.uk/contact-jobcentre-plus) or your [pension centre](https://www.gov.uk/find-pension-centre) if you’re on Pension Credit.

    - heading: Cold Weather Payment
      description: |-
        A Cold Weather Payment might be available to you, if you’re getting certain benefits. These payments are made if the temperature in your area is forecasted or recorded to be 0C or below for over 7 days in a row. 


        Find out more and see if you’re eligible [here](https://www.gov.uk/cold-weather-payment).

    - heading: Winter Fuel Payment 
      description: |-
        This is available to people who were born on or before 26 September 1955. It’s an annual one-off payment between £100 and £300, to help pay for your heating over the winter. 


        Find out more about the Winter Fuel Payment [here](https://www.gov.uk/winter-fuel-payment).

    - heading: Warm Home Discount Scheme 
      description: |-
        You might be eligible for £140 credit towards your energy bills through the Warm Home Discount Scheme. Although applications have closed for this winter, they’ll reopen later in the year for next winter.


        Find out more about the Warm Home Discount [here](https://www.gov.uk/the-warm-home-discount-scheme).

  image: "/img/man-kitchen.jpg"
  subtitle: |-
    These government-run schemes could also help you with your energy bills.
  title: "### **Payment schemes** and benefits that can help"


financialSupport:
  title: "### Financial support: **we’re here to help**"
  body: >- 
    If you’re struggling to pay for your energy, please know that we’ve supported lots of people in similar situations – and we can support you too.

    Our dedicated team can also make sure you’re receiving any financial assistance from the government that you’re eligible for – and take you through payment support schemes that are available. You can find out about these in the section below too. 


    [Find out more](https://www.boostpower.co.uk/help/payments-and-top-ups/boost-energy-fund)

findMoreAnswers:
  title: "### **Find more** answers here"
  body: >-
    We’ve put together these frequently asked questions – to help you get all the latest information about what’s happening.
  
---