Every household in the UK is set to be given £200, according to reports. Millions of people have been struggling to pay their energy bills, and Money Saving Experts like Martin Lewis have warned about the rising number of people being forced to choose between 'heating or eating'.
The payments have been planned to help offset the rising price of energy, but there's a catch. READ MORE:State Pension amount will change for millions of women in the UK from April Instead of a grant, the cash would be a sort of loan.
The money would help with the immediate problem of high energy bills, but the government wants homes to repay it over time. The scheme would see £6billion of taxpayer cash handed to energy firms, which would be used to lower energy bills for each household.
However, this cash would be paid back by consumers over the following years in the form of slightly higher bills. They are rising for several reasons.
Read more on manchestereveningnews.co.uk
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