
Energy bills: yes, it’s the same image This Site has used several times before. Gets the point across, though – doesn’t it?
Ask what should be done to save millions of households from poverty as energy bills spiral upwards and there’s no point listening to the politicians.
Scottish Power boss Keith Anderson has proposed freezing bills already.
Now Ovo energy has published a 10-point plan to deal with the crisis in the short, medium and long term.
Headline point is a request for the government to create a “tariff deficit fund” from which households can be subsidised – and to which they would have to repay the cost in the future.
It would be progressive, and Ovo suggests limiting the number of subsidised units of energy households receive, claiming richer households typically use more.
Other ideas include:
Short-term plans
- Bring forward the £400 energy rebate
- Increase funding for debt advisory charities
- Set up a fuel Poverty Task Force to identify households most at risk
Medium-term plans
- Abolish the prepayment meter “penalty”, which sees prepayment customers paying more than those on direct debit
- Subsidise bills though a Tariff Deficit Fund, which would be repaid over several years
- Abolish the standing charge that customers pay
- Mobilise a national effort to insulate UK homes
Long-term plans
- Establish a single strategic buyer for all the UK’s energy needs.
- Bring back the Department of Energy and Climate Change
- Introduce a carbon tax
So what do you think? Are these good ideas?
You can read the full plan on: OVO Energy
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