In the United Kingdom, British Gas and EDF Energy will increase their energy tariffs by 54% from 1 April 2022, in line with Office of Gas and Electricity Markets (Ofgem)'s price cap increase. Earlier in February 2022, Ofgem unveiled a plan to increase the energy price cap by 54% from 1 April 2022 due to a record rise in global gas prices over the last 6 months, with wholesale prices quadrupling in 2021. The price cap protects around 22 million households on default or variable rates on credit meters, including 4.5 million prepayment meter customers. Consumers on default tariffs paying by direct debit will see an increase of £693 (€830) from £1,277 (€1,530) to £1,971 per year (€2,361, +54%). Prepayment customers will see an increase of £708 (€848) from £1,309 (€1,568) to £2,017 (€2,416, +54%). The £1,971 per year level of the cap is based on a household with typical consumption on a dual electricity and gas bill paying by direct debit. Consequently, the government has announced a £9.1bn (€10.8bn) Energy Bills Rebate to support households with rising global energy prices. The Energy Bills Rebate will provide around 28 million households with an upfront discount on their bills worth £200 (€238).