At last. A sensible way of reducing individuals energy bills. Long overdue. Subsidies are generally bad. Where they are absolutely necessary then keep them as small as possible. For example, we need nuclear and we need it now if we are to keep the lights on. No amount of wind farms could meet this need.
“Yesterday the Prime Minister announced that we will roll back the green levies on energy bills and introduce a new competition test to make sure hardworking people get the help they need with their energy bills. We are committed to doing all we can to keep energy bills down to help hardworking people and families.
That is why we are legislating to force energy companies to put customers on their lowest tariffs. We have already increased competition by bringing new players into the energy market to offer consumers better choice, and this winter the most vulnerable will get direct help with their energy bills.
But we want to go further. That is why we will look at rolling back the environmental levies which typically add £112 to people’s energy bills and will introduce a proper competition test to make sure that the energy market is competitive and offers a good deal for consumers.
This is real help for hardworking people that is deliverable and that will help to bring energy bills down.”