Nonprofit advocacy organisation People for Power says that 127 Conservative MPs, around a third of the parliamentary party, back its calls for community energy reforms as part of the Energy Bill.
According to analysis conducted by Octopus Energy, UK energy customers are being charged up to £254 extra annually for not using direct debit when paying energy bills. This is more than three times the cost of what it was in April 2021 when the figure stood at £84.
The UK Government has called on Good Energy, Utilita and Scottish Power to increase Energy Bills Support Scheme (EBSS) voucher redemptions to ensure customers with prepayment meters are able to redeem £400 in support on energy bills.
Business and Energy Secretary Grant Shapps has called on energy suppliers to stop force fitting prepayment meters with many doing “nowhere near enough” to support vulnerable customers.
If the UK had transitioned fully away from fossil fuels to renewable technologies it could have reduced the cost of energy bills in 2022 by around £1,750, the Energy and Climate Intelligence Unit (ECIU) has said.
Due to measures introduced via the Energy Prices Bill, healthcare businesses could be set to benefit the most with a potential bill reduction of around 60%, according to SAS.
Flexitricity will provide market access to National Grid’s new winter Demand Flexibility Service (DFS) in order to support businesses amid the energy crisis.