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UK energy secretary considers rising-block tariff for bills

By ChordNews · First written (updated )

The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’
Image: theguardian.com
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Summary

Energy Secretary Miatta Fahnbulleh is flirting with a rising-block tariff as an affordability measure, but Guardian columnist Nils Pratley argues it would be complex and a bad way to tackle bills. The Guardian says industry projections point to energy bills rising by around £400 annually in January and remaining high through the rest of the decade, even if wholesale gas prices fall. It also says £1bn in extra support for poorer households this winter is likely to be included in Chancellor John Healey’s budget this month.

Timeline

  1. The Guardian

    Source ↗

    The Guardian reports that the energy secretary is flirting with a rising-block tariff, which columnist Nils Pratley calls a bad idea for bills.

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