How Britain’s next Prime Minister could prevent catastrophic energy bills
2 years, 4 months ago

How Britain’s next Prime Minister could prevent catastrophic energy bills

The Telegraph  

Rebecca McDonald, at the Joseph Rowntree Foundation, says the £1,200 support given to lower income families - which includes the £150 council tax cut and £400 credit on energy bills, as well as two extra payments - should be doubled. “Given we now have new inflation forecasts and we now expect the energy price cap rise in October to be so much higher than we initially expected, these wipe out a lot of that support already, and means that package is no longer adequate,” she says, proposing more “lump sum payments through the benefits system”. “What you could do is simply cap the renewables obligation to a level that was deemed a fair return, much in the same way as the new green levy, the CFD, is charged,” Mayer says. “That is a couple of hundred thousand homes which could have lower bills this winter, and if you focus that on some of the most deprived, vulnerable households, that could be very valuable and it could also save lives.” A sustained programme could slash bills for millions over the coming years, and make the country less reliant on volatile global gas prices. “How can you justify spending £37bn on a one-off subsidy of energy bills, then spend no more than they are spending now on reducing our dependency on gas?” he says.

Energy Price Bills Energy Bills  green  catastrophic  bills  cap  britains  support  minister  price  prevent  energy  winter  households  prime  homes  obligation

History of this topic

GB Energy should treat cutting bills by £300 as a priority, say Tories
1 month, 3 weeks ago

GB Energy should treat cutting bills by £300 as a priority, say Tories

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sir Keir Starmer’s pledge to …

Government defeats bid to make GB Energy prioritise cutting bills by £300
1 month, 3 weeks ago

Government defeats bid to make GB Energy prioritise cutting bills by £300

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. A separate Tory amendment to make it a strategic …

Green investment can boost the British economy – we must listen to Theresa May
2 months, 4 weeks ago

Green investment can boost the British economy – we must listen to Theresa May

The Independent  

The intervention by former prime minister Theresa May at the United Nations Summit of the Future in New York is a timely one. The attention of the whole world, understandably, has been focused on the tragedies still unfolding in the Middle East and Ukraine; yet, as Lady May reminds us, the challenge of anthropogenic climate change remains a transcendent one. …

£8.3 billion GB Energy plan will shield consumers from shocks, Miliband says
3 months, 2 weeks ago

£8.3 billion GB Energy plan will shield consumers from shocks, Miliband says

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Labour’s flagship GB Energy company will shield consumers from international …

New UK government bets on green energy. Companies are wary.
4 months, 1 week ago

New UK government bets on green energy. Companies are wary.

Live Mint  

LONDON—As Britain’s oil and gas giants scale back their global green-energy ambitions, the U.K.’s newly elected government is launching a multibillion-dollar effort to regain the country’s place as a global pacesetter for clean energy. Oil-industry executives have also voiced skepticism about Britain’s energy plans, which include increasing and extending a so-called windfall tax on oil and gas production to fund …

Labour powers ahead with plans to turn UK into ‘clean energy superpower’
5 months, 1 week ago

Labour powers ahead with plans to turn UK into ‘clean energy superpower’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Labour’s plans to turn the …

Reeves to reiterate Labour pledge to cut down energy bills
6 months ago

Reeves to reiterate Labour pledge to cut down energy bills

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A Labour government would help …

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories
6 months, 1 week ago

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories

The Telegraph  

Claire Coutinho has accused Labour of misleading voters over claims its green energy plans will slash household bills by £300 a year. The criticism comes after Ed Miliband, the shadow energy secretary, claimed that a massive expansion of wind, solar and nuclear power will cut consumer bills by an average of £300 a year by 2030. However, Ms Coutinho pointed …

What is Great British Energy? Labour’s flagship policy explained
6 months, 3 weeks ago

What is Great British Energy? Labour’s flagship policy explained

The Telegraph  

How will it be paid for? But the Conservatives have pointed to analysis from investment bank Stifel which found Labour’s windfall tax would only bring in £6.5bn of additional tax by 2030. The Conservatives have said Labour’s green energy plans are an uncosted “vanity project” from Ed Miliband, the shadow energy secretary, that will lead to tax rises. They also …

Gas bills could rise by £1,000 to pay for wind power
7 months ago

Gas bills could rise by £1,000 to pay for wind power

The Telegraph  

Gas bills are projected to rise by around £1,000 to pay for wind power under official plans currently being considered by the Energy Secretary. Claire Coutinho received a report earlier this year that suggested moving some or all green levies from household electricity bills to gas bills, or shifting them into general taxation. A new analysis by Cadent, a gas …

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing
7 months, 1 week ago

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing

Daily Mail  

Brits are set for much-needed relief with energy bills projected to fall by another 7 per cent in July. Dr Craig Lowrey, Principal Consultant at Cornwall Insight, said: 'Our projections suggest that from July, the average annual bill will fall by around £500 compared to last summer, offering further relief given the quarter-on-quarter drop seen in April. 'While the cap …

Energy bosses call for ‘progressive social tariff’ on bills amid price hikes
7 months, 2 weeks ago

Energy bosses call for ‘progressive social tariff’ on bills amid price hikes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The bosses of Centrica and …

Household electricity bills could be slashed by £142 in green rethink
8 months, 3 weeks ago

Household electricity bills could be slashed by £142 in green rethink

The Telegraph  

Claire Coutinho is considering removing £4bn of green levies from household electricity bills, amid warnings they are making heat pumps and electric cars more costly. The suggested changes have been put forward amid concerns that the weight of green levies on electricity bills are holding back progress on net zero. Green levies – also known as “policy costs” – fund …

Energy bills: How are Labour and Conservatives proposing to help households?
10 months ago

Energy bills: How are Labour and Conservatives proposing to help households?

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The government is offering fossil fuel giants tax relief on …

Labour's green target 'unachievable' after ditching £28bn pledge, say experts
10 months, 2 weeks ago

Labour's green target 'unachievable' after ditching £28bn pledge, say experts

The Telegraph  

Labour’s target to convert Britain to “clean power” by 2030 has been dismissed by energy sector figures as “unachievable”. The commitment to decarbonising electricity generation by the end of the decade was already considered highly ambitious, but experts said that Sir Keir Starmer’s decision to ditch the party’s £28 billion green investment plan made it all but impossible. Last week, …

Britain's Labour Party is watering down a green investment pledge. Environmentalists are unimpressed
10 months, 2 weeks ago

Britain's Labour Party is watering down a green investment pledge. Environmentalists are unimpressed

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Environmental groups on Thursday criticized Britain’s opposition Labour Party for ditching …

Labour’s home insulation policy will cost double what it claims, says Treasury
10 months, 2 weeks ago

Labour’s home insulation policy will cost double what it claims, says Treasury

The Telegraph  

Labour’s plan to improve energy efficiency across millions of homes would cost more than double the amount the party has claimed, an analysis by Treasury officials has found. They have costed someone else’s policy, not Labour’s.” Rishi Sunak heavily criticised Sir Keir Starmer, the Labour leader, over the policy at Prime Minister’s Questions. Labour’s policy is to spend £6 billion …

Bill Nighy among stars urging PM to commit climate funds to poorer countries
1 year ago

Bill Nighy among stars urging PM to commit climate funds to poorer countries

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bill Nighy, Stella McCartney, Brian Cox and Annie Lennox are among the high-profile figures urging …

Labour throwing Scots ‘under the bus’ without new energy rebate, claims SNP
1 year, 3 months ago

Labour throwing Scots ‘under the bus’ without new energy rebate, claims SNP

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Sunak urged to drop ‘unpopular’ and ‘expensive’ green pledges ahead of election
1 year, 5 months ago

Sunak urged to drop ‘unpopular’ and ‘expensive’ green pledges ahead of election

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Prime Minister is being urged by the right of the Conservative Party to drop …

Sir Keir Starmer under pressure to revive Corbyn pledge to renationalise energy industry
1 year, 7 months ago

Sir Keir Starmer under pressure to revive Corbyn pledge to renationalise energy industry

The Telegraph  

Union chiefs are pressuring Sir Keir Starmer to renationalise the energy sector at a cost of £200bn to the taxpayer if Labour are elected. Sharon Graham, general secretary of the Unite union, said: “It’s time to end the scandal of our energy system, which allows profiteers to pocket billions while workers and communities are left in the cold.” Jeremy Corbyn …

Labour would extend windfall tax to prevent rising bills in April – Reeves
1 year, 11 months ago

Labour would extend windfall tax to prevent rising bills in April – Reeves

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “That cannot be right… “We must hold to that …

Parliament Passes Energy Conservation (Amendment) Bill To Promote Use Of Non-Fossil Energy
2 years ago

Parliament Passes Energy Conservation (Amendment) Bill To Promote Use Of Non-Fossil Energy

Live Law  

The Bill was passed by the Lok Sabha in August 2022. It empowers the central government to specify energy consumption standards and require designated consumers to meet a minimum share of energy consumption from non-fossil sources. It For this purpose, it proposes to: mandate commercial consumers with 100KW consumption to use non-fossil sources, including Green Hydrogen, Green Ammonia, Biomass and …

Millions of Britons face £900 energy bill hike in April as cap ends
2 years, 1 month ago

Millions of Britons face £900 energy bill hike in April as cap ends

Daily Mail  

Millions of households face a cost of living crunch in April with average energy bills rising by £900 as the government's cap ends - and council tax almost certain to soar. Rishi Sunak said there was no option about 'putting our public finances on a sustainable trajectory', suggesting that otherwise there would be a repeat of the market meltdown that …

Triple spending on insulation for poorer homes, say MPs
2 years, 2 months ago

Triple spending on insulation for poorer homes, say MPs

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. But the All-Party Parliamentary Group on the Environment has called for that figure to be increased to £3 billion, …

Chancellor urges public to cut back on energy use as bills crisis mounts
2 years, 3 months ago

Chancellor urges public to cut back on energy use as bills crisis mounts

The Independent  

The chancellor has urged the public to cut back on their energy use as the crisis over household bills mounts, with analysts predicting they could surge to £10,000 a year and campaigners warning lives will be lost. Nadhim Zahawi said he was working “flat out” to ensure the next prime minister would be able to offer help to those who …

Chancellor piles pressure on Liz Truss with call for energy bills help for £45,000 earners
2 years, 3 months ago

Chancellor piles pressure on Liz Truss with call for energy bills help for £45,000 earners

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} People earning £45,000 …

Public should cut back on energy use, says chancellor in government U-turn
2 years, 3 months ago

Public should cut back on energy use, says chancellor in government U-turn

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Adam Bell, the former head of energy strategy for the government, predicted a 10 per …

Britain to see 80% spike in energy bills as crisis deepens
2 years, 3 months ago

Britain to see 80% spike in energy bills as crisis deepens

Associated Press  

LONDON — Jennifer Jones keeps feeding money into her energy meter, but it never seems to be enough. “The pressure of not knowing how to pay the next bill or having enough food to survive just accentuates whatever they’re already going through.” About 1 million low-income households have had to take on new or extra debt to cover an essential …

Martin Lewis: 'The energy price rise is a catastrophe. Plain and simple'
2 years, 3 months ago

Martin Lewis: 'The energy price rise is a catastrophe. Plain and simple'

The Telegraph  

A spokesman for the Liz Truss campaign said: "Today’s announcement will cause grave concern to many people across the UK who will be worried about paying their bills. "Liz will work flat out to deliver long term energy affordability and security, unleashing more energy by maximising our North Sea oil and gas production - helping keep bills down in the …

British Gas will donate 10% of profits to help cut energy bills
2 years, 3 months ago

British Gas will donate 10% of profits to help cut energy bills

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} British Gas has …

What is Labour’s plan to freeze energy bills?
2 years, 4 months ago

What is Labour’s plan to freeze energy bills?

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. During a media blitz on Monday morning, the Labour leader’s …

Struggling with energy bills and the cost of living? You'll get instant help, vows LIZ TRUSS
2 years, 4 months ago

Struggling with energy bills and the cost of living? You'll get instant help, vows LIZ TRUSS

Daily Mail  

We are set for tough times over the next year, but I have never believed in consigning ourselves to decline. I am focused on seeing our economy and country through to better days by growing the size of the pie, boosting wages, and supporting jobs to save us from the misery of recession. I will continue what Boris Johnson started …

UK to cut taxes on wages and fuel. Inflation will still leave many worse off
2 years, 9 months ago

UK to cut taxes on wages and fuel. Inflation will still leave many worse off

CNN  

London CNN Business — The UK government is cutting payroll taxes and duties on fuel in an attempt to take some of the sting out of the worst cost of living crisis in decades. But it resisted calls to impose a new windfall tax on oil company profits to raise money to fund more relief for households, despite inflation soaring …

Energy bills: How Boris Johnson is still caught in a trap laid by Labour’s Ed Miliband
2 years, 10 months ago

Energy bills: How Boris Johnson is still caught in a trap laid by Labour’s Ed Miliband

The Telegraph  

Critics say state interventions adopted by the Tories have prevented the energy market from operating competitively, driving up costs even before the recent rise in wholesale prices. The problems date back to 2008, when the Labour government imposed a series of green levies on households through their energy bills using the Climate Change Act, the brainchild of Mr Miliband. David …

Scrapping green policies has caused household bills to rise by £2.5bn, analysis finds
2 years, 11 months ago

Scrapping green policies has caused household bills to rise by £2.5bn, analysis finds

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Scrapping green policies over the past decade has added nearly £2.5bn onto the UK’s energy …

We must end the standing charge on energy bills to protect the poor
2 years, 11 months ago

We must end the standing charge on energy bills to protect the poor

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Cutting VAT for all household bills, as the Labour Party suggests, would waste millions in taxpayers’ money, providing a …

Boris Johnson rejects energy bill VAT cuts to help struggling families
2 years, 11 months ago

Boris Johnson rejects energy bill VAT cuts to help struggling families

The Telegraph  

“The argument as you know is that it’s a bit of a blunt instrument and the difficulty is that you end up also cutting fuel bills for a lot of people who perhaps don’t need the support in quite the direct way that we need to give it. On Wednesday, Kwasi Kwarteng, the Business Secretary, will resume crisis talks with …

Cost-of-living ‘catastrophe’ as soaring bills and taxes blow £1,200 hole in household budgets
2 years, 11 months ago

Cost-of-living ‘catastrophe’ as soaring bills and taxes blow £1,200 hole in household budgets

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Families face a cost-of-living ‘catastrophe’ next year as soaring energy …

Energy price hike: Seven ways to cut your costs and get support with bills
3 years, 4 months ago

Energy price hike: Seven ways to cut your costs and get support with bills

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Kevin Pratt, an energy expert at Forbes Advisor, warned …

Just £4bn of new money for Boris Johnson’s climate emergency plan, Cabinet minister admits
4 years, 1 month ago

Just £4bn of new money for Boris Johnson’s climate emergency plan, Cabinet minister admits

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just £4bn of new money has been found for Boris Johnson’s …

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