Government to introduce new levies on gas in green energy strategy – report
3 years, 5 months ago

Government to introduce new levies on gas in green energy strategy – report

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy bills could go up even further for UK customers amid reports the Government is planning to introduce new charges on gas. On Monday, the Prime Minister said Britain was aiming to produce “clean power” by 2035 as part of the country’s goal of reaching net zero carbon emissions; and earlier this week, Business Secretary Kwasi Kwarteng insisted that by decarbonising the UK’s power supply, the Government would ensure that households are less vulnerable to swings in fossil fuel markets. Speaking to the BBC Radio 4’s PM programme afterwards, Mr Large claimed it was “very clear” across all of the sectors that there are “serious” risks factories could stop all activities as a result of the gas prices being too high. Research agency Cornwall Insight has claimed further volatile gas prices and the potential collapse of even more suppliers could push the energy price cap to around £1,660 in summer.

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History of this topic

Transition to renewables taking longer than thought, senior BP figure tells MPs
1 month ago

Transition to renewables taking longer than thought, senior BP figure tells MPs

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. The fossil fuels giant said it still hopes to …

Why the world will be using natural gas for many years to come – and it’s bad news for your energy bill
1 month ago

Why the world will be using natural gas for many years to come – and it’s bad news for your energy bill

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 Fossil fuel giant Shell has …

Two ways UK households could save thousands of pounds per year
1 month ago

Two ways UK households could save thousands of pounds per year

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 Climate advisers say households would …

Energy bill support will be ‘eaten up’ by price cap increase, Tories claim
Trending News
1 month ago

Energy bill support will be ‘eaten up’ by price cap increase, Tories claim

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 Government support to help with …

Government unveils plans to reform clean power schemes to speed up transition
1 month, 1 week ago

Government unveils plans to reform clean power schemes to speed up transition

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. As the Government looks for ways to speed up …

Ofgem energy price cap to rise to highest level since January 2024, forecast claims
1 month, 1 week ago

Ofgem energy price cap to rise to highest level since January 2024, forecast claims

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 The average cost of energy bills is set to rise …

Energy price cap set to rise in April, according to forecast
1 month, 1 week ago

Energy price cap set to rise in April, according to forecast

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. Craig Lowrey, principal consultant at Cornwall Insight, said: “Households have been hit hard over …

Martin Lewis urges households to act to as he shares top tips to slash bills in 2025
2 months, 1 week ago

Martin Lewis urges households to act to as he shares top tips to slash bills in 2025

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. Here are some of the money saving expert’s top tips to cutting costs this …

Nearly half of the UK’s energy is already from renewables. So why are bills so high?
2 months, 2 weeks ago

Nearly half of the UK’s energy is already from renewables. So why are bills so high?

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. The biggest driver of high electricity prices, however, is the UK’s marginal pricing model, which …

Govt urged to bring down electricity bills in the UK
3 months, 3 weeks ago

Govt urged to bring down electricity bills in the UK

China Daily  

The chief of the independent body that advises the United Kingdom government on climate change has said efforts to meet green targets are being hamstrung by the high price of electricity. "We are not in the business of being policy prescriptive, but there are several things electricity markets and the government could choose to do to reduce the cost of …

Govt urged to bring down electricity bills in the UK
3 months, 3 weeks ago

Govt urged to bring down electricity bills in the UK

China Daily  

The chief of the independent body that advises the United Kingdom government on climate change has said efforts to meet green targets are being hamstrung by the high price of electricity. "We are not in the business of being policy prescriptive, but there are several things electricity markets and the government could choose to do to reduce the cost of …

In the bleak mid-winter, energy prices will rise – but ‘shopping around’ won’t help
4 months ago

In the bleak mid-winter, energy prices will rise – but ‘shopping around’ won’t help

The Independent  

As if the announcement of yet another energy price hike wasn’t bad enough, Ofgem has added insult to injury by telling the British public to simply “shop around” for better tariffs. The energy watchdog clearly knew that it was going to take some heat by releasing the information in the midst of a cold snap, when energy bills are at …

Energy bills could rise from new year in surprise hike, analysts warn
4 months, 1 week ago

Energy bills could rise from new year in surprise hike, analysts warn

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 Energy bills could rise yet …

GB Energy should treat cutting bills by £300 as a priority, say Tories
4 months, 4 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 …

UK ‘dangerously underprepared’ for future energy crisis and price spikes, experts warn
5 months, 2 weeks ago

UK ‘dangerously underprepared’ for future energy crisis and price spikes, experts warn

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 The UK is “dangerously underprepared” and vulnerable to another energy …

Call for £1.9bn a year to help oil and gas workers move into clean energy
5 months, 2 weeks ago

Call for £1.9bn a year to help oil and gas workers move into clean energy

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. For too long, industry bosses have pocketed record profits …

Energy price cap predicted to fall in January in glimmer of hope for households
5 months, 4 weeks ago

Energy price cap predicted to fall in January in glimmer of hope for households

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. Energy consultancy Cornwall Insight said it expects the typical …

£8.3 billion GB Energy plan will shield consumers from shocks, Miliband says
6 months, 3 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 …

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent
7 months ago

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent

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. Customers on standard variable tariffs will pay 6.24p per kWh …

New UK government bets on green energy. Companies are wary.
7 months, 2 weeks 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 …

GB Energy: Starmer vows to ‘drive down bills’ as Labour launches plan for state-owned energy firm
8 months ago

GB Energy: Starmer vows to ‘drive down bills’ as Labour launches plan for state-owned energy firm

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 launched Great …

Labour powers ahead with plans to turn UK into ‘clean energy superpower’
8 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 …

Labour to launch state-owned Great British Energy in £8.3bn market intervention
8 months, 1 week ago

Labour to launch state-owned Great British Energy in £8.3bn market intervention

The Telegraph  

Labour is pushing ahead with plans to launch a state-owned energy company backed up with £8.3bn of taxpayer funds, in one of the biggest market interventions for decades. In the King’s Speech, Sir Keir Starmer’s new Government confirmed that Great British Energy will develop, own and operate energy projects such as wind farms, using public money as an anchor for …

Reeves to reiterate Labour pledge to cut down energy bills
9 months, 1 week 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
9 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 …

Labour says GB Energy will fix cost-of-living crisis with clean power
9 months, 4 weeks ago

Labour says GB Energy will fix cost-of-living crisis with clean power

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. Labour’s pledge to set up a publicly owned company to invest in domestic power …

Gas bills could rise by £1,000 to pay for wind power
10 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 …

Energy bosses call for ‘progressive social tariff’ on bills amid price hikes
10 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 …

Average household energy costs fall to lowest point in two years
11 months, 3 weeks ago

Average household energy costs fall to lowest point in two years

The Independent  

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Household electricity bills could be slashed by £142 in green rethink
11 months, 4 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 companies rake in £1bn a week as British families struggle in cost of living crisis
1 year, 1 month ago

Energy companies rake in £1bn a week as British families struggle in cost of living crisis

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 Energy companies raked in “eye-watering” profits of more than £1bn …

Energy bill price hike takes effect as record numbers struggle with debt
1 year, 2 months ago

Energy bill price hike takes effect as record numbers struggle with debt

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. Without additional support, it will be anything but a …

Households issued urgent 24-hour warning as energy bills to rise by £94
1 year, 2 months ago

Households issued urgent 24-hour warning as energy bills to rise by £94

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. This means the UK government needs to take much more action to help people …

Taxpayers foot £300k energy bill for MPs’ second homes
1 year, 3 months ago

Taxpayers foot £300k energy bill for MPs’ second homes

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 MPs have charged taxpayers almost £300,000 for energy bills and other …

Heat pump installations ‘should be paid for or subsidised by the Government’
1 year, 5 months ago

Heat pump installations ‘should be paid for or subsidised by the Government’

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. Commission chairman Sir John Armitt said he found it “hard to accept” the Prime Minister’s assurances that the UK …

UK’s ‘broken’ energy system revealed as firms set to make £1.7bn profit
1 year, 7 months ago

UK’s ‘broken’ energy system revealed as firms set to make £1.7bn profit

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 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. Simon Francis, coordinator of the …

Rishi Sunak plans to ‘power up Britain from Britain’ amid Tory concern over green policies
1 year, 7 months ago

Rishi Sunak plans to ‘power up Britain from Britain’ amid Tory concern over green policies

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 Rishi Sunak will outline plans to invest in “powering up Britain from Britain” as he …

Average household energy bill to fall by £426 from July amid Ofgem price cap cut
1 year, 10 months ago

Average household energy bill to fall by £426 from July amid Ofgem price cap cut

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. At its peak, the price cap reached £4,279 and, …

Net zero could push energy bills up by £120 a year
1 year, 10 months ago

Net zero could push energy bills up by £120 a year

The Telegraph  

Sir John Redwood, a former policy chief under Margaret Thatcher, added: “The last thing we want is another government-imposed hike in the price of energy. “It would be unfair to ask households that won't benefit from hydrogen directly to pay for it,” said Jack Richardson, head of energy and climate at Onward. Energy Bill 'seeks to make people cold and …

April dates for DWP payments, benefits, pensions and cost of living top ups
1 year, 11 months ago

April dates for DWP payments, benefits, pensions and cost of living top ups

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. “With energy bills set to fall from July onwards, this temporary change will bridge …

Council tax, energy and water bills – all of the price rises kicking in from 1 April
1 year, 11 months ago

Council tax, energy and water bills – all of the price rises kicking in from 1 April

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. Even dual-income families with above average earnings will now be drawn into the struggle …

Homeowners face penalty for sticking with gas in Tory energy plan
1 year, 11 months ago

Homeowners face penalty for sticking with gas in Tory energy plan

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 Cabinet minister Grant Shapps said the government’s new green power strategy was not a “rip …

Scotland to be ‘at the heart’ of UK energy plans, UK Government says
1 year, 11 months ago

Scotland to be ‘at the heart’ of UK energy plans, UK Government says

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. “Today’s announcement will create opportunities for Scottish businesses to export their expertise around the world and set the standard …

UK Government must end support for oil and gas, campaigners say
2 years ago

UK Government must end support for oil and gas, campaigners say

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 UK Government must end …

Households ‘not out of the woods yet’ despite Energy Price Guarantee extension
2 years ago

Households ‘not out of the woods yet’ despite Energy Price Guarantee extension

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 Households are still facing a £67-a-month energy bill increase from …

Energy support scheme that caps bills at £2,500 to be extended
2 years ago

Energy support scheme that caps bills at £2,500 to be extended

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 The energy price guarantee will be extended for a further …

Martin Lewis issues prediction over April energy bill
2 years ago

Martin Lewis issues prediction over April energy bill

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 Britons will not pay much more for their energy next …

British Gas ramps up solar panel and home checks plans
2 years ago

British Gas ramps up solar panel and home checks plans

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. British Gas said it would be offering customers free …

Energy firms ‘expect government’s bills support to continue in April’
2 years ago

Energy firms ‘expect government’s bills support to continue in April’

The Independent  

Some energy firms are planning to amend customer’s bills in anticipation that the government will keep support at or near current levels, according to reports. Typical household energy bills are set to rise to £3,000 a year from April, but calls have been made for the government to retain its current level of support so they stay at £2,500 for …

Martin Lewis gives verdict on whether energy bills will rise
2 years ago

Martin Lewis gives verdict on whether energy bills will rise

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 Consumer champion Martin Lewis has shared his verdict on whether …

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