Friday, July 23, 2021

Cutting energy bills by making switching easier

The government has announced plans to drive down energy bills for millions of families across the UK, so they have money more in their pockets.

  • The best way to get better service is to unleash a wave of competition within the energy market if managed properly this should also keep bills low so households across the UK can keep more money in their pockets.
     
  • That is why the government has today published proposals to trial automatic switching for customers on expensive default energy tariffs to cheaper deals, helping 15 million households save hundreds of pounds more a year on their energy bills.
     
  • Alongside these proposals, the government has announced that the Energy Price Cap, introduced in 2019 to protect the 15 million British households on default tariffs, could continue for longer - helping those on the highest tariffs save between £75 and £100 a year on dual fuel bills.
     
  • Making it easier to switch to a better deal on the market, will help people to keep more of what they earn.

2 comments:

Jim said...

What I find remarkable is that a battery for a home solar generating system attracts VAT at 20% yet coal and gas attract it at only 5%

This government keep banging on about building back greener and cutting energy bills, and keep on shooting themselves in the foot with basics like that.

Chris Whiteside said...

That is an extremely important suggestion and I will feed that point back.