A £2 fare cap for single bus tickets is being introduced on more than 130 operators in England from 1 January to 31 March next year, backed by £60m of government investment.
With the average single local bus ticket costing £2.80, rising to over £5 in some rural areas, passengers can make significant savings per journey the Department for Transport said.
It also claimed around two million car journeys could be cut by the initiative.
Operators such as National Express and Stagecoach have signed up for the scheme, helping passengers with travel costs as they face pressures from inflation.
Buses minister Richard Holden said: 'Brits love buses. They’re the most popular form of public transport in England, making up half of all journeys. So we’re investing £60m to cap single bus fares at £2 to help families, students and commuters and help get people back on the bus.'
Graham Vidler, chief executive of the Confederation of Passenger Transport said: 'We look forward to welcoming more customers on board when the £2 fare cap in England starts in January, as it complements great value fares already in place that make taking the bus more attractive and environmentally friendly this winter.'
Participation in the bus fare cap scheme is voluntary, and some bus operators have chosen not to take part. You can find a full list of operators here.
Fares are already capped in London, Greater Manchester, Merseyside and West Yorkshire and so these areas are not included in the scheme.
Elsewhere, a bus fares pilot scheme, backed by £23.5m of government funding, launched in Cornwall this April has already seen an increase in passenger numbers.
The fares pilot will run over four years and includes a £2.50-day ticket within towns or a £ 5-day ticket across all of Cornwall, which is valid across different bus operators.
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