#household-energy-bills

#household-energy-bills

Energy regulator Ofgem is forecast to cut the default tariff price cap by about £117 to roughly £1,641 per year for a typical dual-fuel household from 1 April. The change follows government policy announced by Chancellor Rachel Reeves, who said £150 would be removed from average household bills by abolishing the Energy Company Obligation (ECO) scheme introduced under the previous Conservative government.

The next Conservative Government will axe the carbon tax on electricity generation. When Ed Miliband blames gas for high energy bills, what he doesn't tell you is that over 30% of what we pay for gas power is not to pay for fuel, but to pay for a carbon tax that the Government chooses to impose. Now, we know that we'll need gas to keep the lights on for decades, so it just adds extra costs to our bills for no reason.