Millions of British households will receive a £150 saving in a huge bill boost announced by a major energy supplier. E.ON Next has promised that savings announced by Chancellor Rachel Reeves during the Autumn Budget will be passed directly to households from April 1, 2026.

A spokesperson for E.ON Next said: "When these savings start in April, we'll pass them on in full to all our customers. No ifs. No buts. No small print. People are under pressure, and they deserve to feel the benefit directly on their bills." The Government says scrapping legacy costs and green levies will cut the average household's energy bill by about £150 a year. This will be delivered through Government funding 75% of the domestic cost of the Legacy Renewables Obligation from 2026 to 2029, while ending the Energy Company Obligation (ECO) from March 31, 2026. The Government is also providing an additional £1.5 billion to tackle fuel poverty through the Warm Homes Plan, bringing the total package to £15 billion since the spring Budget review.

Some analysts suggest that the energy bill savings may be less once new charges to cover the costs of the Clean Power Plan are factored in. The Government has not replaced the Energy Profits Levy (EPL) in 2026.

In response, North Sea operators represented by Offshore Energies UK (OEUK) expressed disappointment. They claim that it will 'cost tens of thousands of jobs, cripple investment, undermine Scotland and the UK's energy security.'

David Whitehouse, OEUK chief executive, said: "The Government has chosen a path that will see 1,000 jobs continue to be lost every month, more energy imports and a contagion across supply chains and our industrial heartlands.

"The future of North Sea energy depends on investment, which won't come without urgent reform of the windfall tax."

Maurice Cousins, campaign director of Net Zero Watch, said: "The decision to retain the windfall tax on North Sea oil and gas is catastrophic and deeply cynical.

"It accelerates decline, deters investment and erodes one of Britain's few remaining productive tax bases. This will deepen import dependence, expose consumers to global volatility and weaken national resilience."

In response, Areeba Hamid, Greenpeace UK's Co-Executive Director, said: "Britain has just made history. Closing the door to new exploration marks the beginning of the end of oil and gas in this country.

"By standing firm on its manifesto promise, the Government has shown genuine global climate leadership."