US EditionUK Households Could Get £250 Annual Energy Bill Discount Under New Plans
GREAT BRITAIN, AUG 7 – The UK government aims to cut energy costs for pylon-adjacent households by £2,500 over 10 years and improve smart meter compensation and installation processes.
- Launching a consultation, the government on August 8 proposes UK households near pylons could get a £125 discount every six months.
- Planning for transmission growth, the government states that around twice as much infrastructure will be needed by 2030, with rural communities benefiting most.
- Under the scheme, households within 500 metres of new or upgraded electricity transmission infrastructure could receive a discount of up to £250 a year for 10 years, in £125 instalments every six months.
- Ofgem announced plans on Friday to impose new obligations on energy suppliers to improve every stage of the smart meter process, following the reconnection of over 600,000 faulty meters since last July.
- Beyond compensation, the Government hopes cash benefits will reduce opposition and planning delays to delivering the 2030 clean energy goals.
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