The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’
There are many reasons to reject this affordability ‘solution’, not least it being complex and fiddly. Just keep things simple ‘My mark of failure or success is whether I can get bills down or not. That’s the only thing I’m in this job to do.” So said Miatta Fahnbulleh, the energy secretary, recently , bracing for the hike in energy bills that looks inevitable in January. Industry projections suggest £400-ish on…
Story summary
There are many reasons to reject this affordability ‘solution’, not least it being complex and fiddly. Just keep things simple ‘My mark of failure or success is whether I can get bills down or not. That’s the only thing I’m in this job to do.” So said Miatta Fahnbulleh, the energy secretary, recently , bracing for the hike in energy bills that looks inevitable in January. Industry projections suggest £400-ish on…
Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.