energy prices

Energy levy reform needed to tackle cost of living crisis

The ECA is calling on the Government and industry to reform and rebalance the energy levy framework, to tackle the energy price crisis. To avoid the looming cost of living emergency, subsidies for fossil fuel energy must be abolished and taxes on electricity reduced. ECA’s Energy and Emerging Technologies Solutions Advisor Luke Osborne said in a […]

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Government facing backlash from ‘Red Wall’ voters over soaring energy prices

The Government is facing backlash from ‘Red Wall’ voters over soaring energy prices, according to polling conducted for the  Energy and Utilities Alliance (EUA). The feedback confirmed that the cost-of-living crisis is hitting ‘Red Wall’ voters hard, with an astonishing 79% saying the Government does not understand the financial pressures on working families. EUA and […]

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ECA calls for urgent energy price reform

Engineering services trade body ECA has warmly welcomed the urgent reform of electricity pricing recommended by The Climate Change Committee. The latest CCC report to Parliament recommends that future energy pricing must remove current fiscal disincentives to electrification, boosting the deployment and use of low carbon electrical energy across the UK. The CCC report also […]

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Energy prices set to soar after Brexit – warns energy switching service

Make It Cheaper is urging UK business owners to switch to a better business energy deal and lock prices in for as long as possible, before energy prices soar when the UK leaves the EU. With less than six months to go until the UK officially leaves leave the EU, there’s still an unsettling amount of […]

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ScottishPower announces 7.8% increase in dual fuel prices

ScottishPower has announced it will increase its standard domestic gas and electricity prices from 31st March 2017, a week after fellow Big 6 firm npower did the same. Both firms have blamed rises in energy wholesale markets and “compulsory non-energy costs”, like decarbonising electricity generation and the upgrade to smart meters, for the hike. But these announcements […]

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