ELECTRICITY bills are set to be slashed next year under plans to separate them from the sky-high price of gas. A landmark energy bill will come to the Commons today which will put into law minister…
Electricity bills to be slashed under plans to seperate them from sky-high prices for gasAnd it will put a ceiling on the profits of wind farms and nuclear power plants to stop greedy firms benefiting fromAt the moment gas and electricity are tied together - pushing bills up - but ministers have long vowed to end the system which penalises customers for opting to go greener.
The so-called "cost revenue limit" will come into force in the new year in a bid to drive costs down and make it fairer., deliver similar help for businesses, and help those off the electricity and heat network grid.
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