Written by Tim Newark on Dec 30, 2021. Posted in Latest news
UK’s Energy Policy Has Failed; Fuel Bills Set To Double To £2,000
With average energy bills set to double to £2,000 next year, it makes sense that the Government should cut 5 percent VAT on household power to help us cope with a massive price hike that could push 1.5 million of us into fuel poverty.
Increased winter fuel allowances and relaxation of green levies could help those most vulnerable to plunging temperatures and rocketing bills. Business Secretary Kwasi Kwarteng met energy bosses on Monday and the news was dire.
Wholesale energy prices are peaking just as storage facilities are at their lowest for years and wind power generation has hit a ten-year low, falling by 15 percent this year despite there being more turbines.
https://climatechangedispatch.com/uks-energy-policy-has-failed-fuel-bills-set-to-double-to-2000/
