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Expert warns Miliband energy bill cuts at risk | JQJO

Expert warns Miliband energy bill cuts at risk

Expert warns Miliband energy bill cuts at risk

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Ed Miliband’s vow to cut household energy bills by £300 by 2030 faces fresh doubt after the economist behind the estimate said rising electricity costs could erase the gains. Pawel Czyzak of Ember told the BBC his 2023 analysis needs updating amid higher offshore wind and grid costs, warning savings depend on cheaper wholesale power. The government insists its clean-power drive will lower bills and says it is delivering on key policies. The Tony Blair Institute urges a pivot to 'cheaper power', including scrapping gas carbon taxes, as Ofgem’s cap nudged bills up 2% this month.

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