Greens urge Burnham to cut energy bills before winter

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https://morningstaronline.co.uk/article/greens-urge-burnham-cut-energy-bills-winter

 Andy Burnham delivers a speech at the People’s History Museum, Manchester, to pledge to give Britain the “circuit-breaker it needs” while unveiling his plans for devolution and the economy, June 29, 2026

THE Green Party called on prospective prime minister Andy Burnham yesterday to cut energy bills by £150 before winter by shifting policy costs off household electricity bills and onto general taxation.

Zack Polanski’s party said a wealth tax should partly fund policies including the warm homes discount, which are currently funded through electricity bills and account for nearly 10 per cent of domestic electricity charges.

Ofgem’s price cap rose by 13 per cent yesterday to £1,862 a year for the average household, with forecasters expecting prices to remain high this winter.

Cornwall Insight predicted a typical household would face a bill of £1,849 from October.

After Chancellor Rachel Reeves moved some policy costs onto general taxation in November’s budget, the Greens urged Mr Burnham and his new chancellor to do the same for the remaining five policies funded through bills, saving around £120 a year on average.

Removing energy debt servicing costs from bills could save a further £35 a year.

Article continues at https://morningstaronline.co.uk/article/greens-urge-burnham-cut-energy-bills-winter

Andy Burnham says that he doesn't have any answers.
Andy Burnham says that he doesn’t have any answers.
Continue ReadingGreens urge Burnham to cut energy bills before winter

Energy bills will rise by £209 a year to £1,850 from July, forecaster says

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https://www.theguardian.com/money/2026/may/19/energy-bills-rise-july-gas-electricity-prices-cap-great-britain-iran-war

The main driver for the increase in the forecast energy price cap is rising wholesale gas and electricity prices. Photograph: Yui Mok/PA

Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costs

Energy bills for households in Great Britain could increase by more than £200 a year to almost £1,900 from this summer in “a kick in the teeth” for millions struggling with the cost of living crisis.

A typical gas and electricity bill is forecast to rise to the equivalent of £1,850 a year from July under the industry regulator Ofgem’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight.

The expected level is nearly 13% higher than the £1,641 cap on energy bills set for April to June, adding £209 to a typical annual bill, after the Iran war caused the UK’s gas market price to double earlier this year.

The main driver for the increase is rising wholesale energy prices, according to Cornwall. Prices climbed sharply in February and March after Tehran effectively cut off Gulf energy supplies to the global market by shutting the strait of Hormuz in response to the US-Israeli strikes on Iran.

Cornwall said that, even if the Iran war ended tomorrow, “the physical damage to infrastructure, and lingering effect of disrupted supply, means a fall back to April’s price cap levels in the autumn looks unlikely”.

Its principal consultant, Craig Lowrey, said: “If the cap stays at a similar level as July, that is when the government will need to think seriously about targeted support for the most vulnerable.

Article at https://www.theguardian.com/money/2026/may/19/energy-bills-rise-july-gas-electricity-prices-cap-great-britain-iran-war

Orcas discuss Donald Trump and the killer apes' concept of democracy. Front Orca warns that Trump is crashing his country's economy and that everything he does he does for the fantastically wealthy.
Orcas discuss Donald Trump and the killer apes’ concept of democracy. Front Orca warns that Trump is crashing his country’s economy and that everything he does he does for the fantastically wealthy.
Continue ReadingEnergy bills will rise by £209 a year to £1,850 from July, forecaster says