The UK Government has released financial aid to 900,000 more households across England, Scotland and Wales as part of the Energy Bills Support Scheme Alternative Funding (EBSS AF) route.
Energy suppliers across the UK have expressed concerns on the levels of customer debt being accumulated because of the halt to warrant prepayment meter installations.
British multinational oil and gas company Shell recorded its “highest-ever” annual profits in 2022 amounting to £32.2 billion, with only £1.86 billion estimated to be paid via the UK and EU’s windfall taxes for the year.
The Energy Networks Association (ENA) has identified improved transparency, easier participation and improved coordination as key objectives in 2023 for its Open Networks plan.
CBI Economics alongside the Energy and Climate Intelligence Unit (ECIU) have released a report stating that almost 20,000 UK businesses are operating within the net zero economy, contributing £71 billion a year to the UK economy.
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.
In a bid to promote energy efficiency and accelerate the adoption of clean heating solutions, the Institute for Public Policy Research (IPPR) has called on the UK government to bring forward £5.8 billion of investment from 2025.
Energy UK, the Local Government Association, the Federation of Master Builders and the National Housing Federation have called on the UK government to boost energy efficiency measures across British homes.
Policy Exchange has stated that when the Energy Price Guarantee ends, it will be “impossible” to return to old billing practices of volumetric prices caps.
