There is a global gas price crisis, but 10 years of the Conservative’s failed energy policy, dither and delay has created a price crisis that’s being felt by people in East Hull. I want to stop bills going up.
To address the immediate crisis, The Labour party, if in Government would bring in fully-funded measures now to reduce the expected price rise in April – saving most households around £200 or more – but targeted extra support to squeezed middle, pensioners and the lowest earners, receiving up to £600 off bills and preventing all of the increase in energy bills currently expected. This would be paid for with a one-off windfall tax on North Sea Oil and Gas producers who have profited from price rises.
Labour’s plan to keep energy bills lower in future would see us accelerate home-grown renewables and new nuclear, retrofit 19 million homes to save households an average of £400 a year on their bills, and reform our broken energy system to stop energy companies playing fast and loose with the rules.
It is entirely right that the energy producers which are benefitting from this crisis are asked to pay their fair share. I want to see reform our broken energy system so we deliver the green transition we need, energy security, and bills that are affordable.
The Conservatives have fallen asleep at the wheel and it’s causing a cost of living crisis.
Agree? Add your name here to back Labour’s plan today.