A state-backed ‘deficit tariff scheme’ supported by banks would freeze energy bills at their current rate
The energy industry has united behind a plan to set up a crisis fund that could prevent bills from soaring next year and provide a lifeline for households struggling with the cost of living.
Energy UK, the trade body for the sector, has written to the chancellor, Nadhim Zahawi, to back calls for a “deficit tariff scheme” to be established as a long-term solution to the energy crisis.
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