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We're Cutting Energy Bills and Easing Costs with £150 Off the Average Household Bill
The UK government will remove levies from energy bills and extend support schemes to reduce costs, aiming to ease inflation pressure on households, says the Office for Budget Responsibility.
- Chancellor Rachel Reeves announced in Wednesday's Autumn Budget an average household saving of £150 on energy bills from next year.
- The government will end the Energy Company Obligation when the scheme expires in March 2026, moving levies off bills and funding 75% of the legacy Renewables Obligation for three years.
- The campaigners warned that cutting ECO reduces long-term green homes funding, replacing �6.4bn with �1.5bn risks leaving low-income households stranded, the government said.
- The Warm Home Discount will be extended to 3 million households, with Wales receiving an extra 505m from the UK Government, split into 320m resource and 185m capital funding.
- Reeves framed the measure as supporting home-grown clean power and reiterated a commitment to cut bills by up to £300 by 2030, while the Office for Budget Responsibility shows a renewables levy will be partly removed temporarily.
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Coverage Details
Total News Sources12
Leaning Left4Leaning Right1Center3Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 38%
12%
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