Government in £300m energy bill rebate
The Government is reportedly planning a £300m rebate to help with the rising cost of energy bills.
According to Sky News, there will be a £12 rebate on every domestic electricity bill in the country.
The inflation-stripping rises in energy costs has been a headache for the coalition for months. In October the Labour leader Ed Miliband promised a Labour government would freeze energy prices for 20 months. This came ahead of large price rises from most major energy companies.
Mr Cameron had dismissed Miliband's promise as a "con," instead encouraging consumers to switch suppliers to keep bills down.
The discount would reportedly be funded by switching the funding of the Warm Home Discount from the energy companies - who currently fund - it to general taxation.
Sky News also cites insiders saying the Government package would include an agreement with distribution network operators, which includes the National Grid, whose charges account for approximately 20 per cent of consumers’ bills.
- 1 Frank Lampard's face drops when Holly Willoughby introduces him as a 'Man City legend'
- 2 Sofyen Belamouadden murder: The inside story of a crime that horrified Britain
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 4 The Visit: Trailer for M Night Shyamalan's latest horror film is terrifying
- 5 9/11: Iranian General accuses US of organising September 11 terror attacks
General Election 2015: Tories sack candidate who said she would never support 'the Jew' Ed Miliband
9/11: Iranian General accuses US of organising September 11 terror attacks
General Election 2015: Stephen Hawking says he will vote Labour
Manny Pacquiao begs Indonesia president to spare life of drug smuggler Mary Jane Veloso about to be executed
Yazidi sex slaves undergoing surgery to 'restore virginity' after being raped by Isis militants
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Aaron and Melissa Klein: Oregon anti-gay bakers ordered to pay $135,000 after refusing to make cake for same-sex wedding
Andrew Lloyd Webber: Phantom of the Opera writer mocked after issuing a warning about Ed Miliband and Nicola Sturgeon
General election 2015: Labour will toughen hate crimes legislation surrounding Islamophobia
HSBC review into moving headquarters from UK 'underway'
£16000 - £25000 per annum: Recruitment Genius: A Photographer/ Floor planner /...
£30000 - £40000 per annum: Ashdown Group: Front-End Developer - Guildford/Craw...
£13500 - £15000 per annum: Recruitment Genius: A Customer Service Assistant is...
£16000 - £35000 per annum: Recruitment Genius: An ambitious and motivated Sale...