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Mr Hunt is expected to reduce the Energy Price Guarantee so the average family pays around £3,000 for bills â above the current £2,500 but less than Ofgem’s £4,000.
There will not be another £400 blanket payment for all Brits but the targeted support to the poorest will be rolled out again.
A Government source said: “Rishi Sunak saw his cost of living plan work last time and so is sticking with it again.”;
During the budget, the Chancellor is also set to raise the National Living Wage to £10.40 as well as hiking pensions and benefits by 10.1 per cent with inflation.
He will offset the handouts with sweeping spending cuts and tax rises to repair a £60billion black hole in the nation’s finances.
Mr Sunak has vowed to be “compassionate”; in the Autumn Statement but acknowledged “tough”; decisions will be made.
Stealth taxes will happen via freezes to income, VAT and inheritance thresholds to generate more cash for the Treasury.
Pay demands from unions are also being rebuffed, such as nurses’ plea for an eye-watering 17.5 per cent salary hike.
According to data released before the autumn statement, reversing the National Insurance rate increase from November could offer further assistance.
The scheme is where eligible households can get £150 off their electricity bill each winter â but you’ll have to wait until the colder months to get the money off.
Households in England and Wales don’t need to apply to get the cash and they’ll automatically qualify if they are receiving certain benefits.
You can read more about who’s eligible here.
There’s a few hardship funds you might be entitled to through you energy supplier.
Contact them and ask to see what is available, though the application process is very in-depth.