Green levies should be scrapped from energy bills and shifted on to general taxation to reduce the burden on households, argues the Centre for Policy Studies (CPS).
In its latest set of proposals to cut the cost of living crisis, the face spiralling energy, fuel and food costs, the think tank describes the measure as an “obvious win for consumers.”
It has also called on the government to cancel the £70 levy that is set to be added to consumer bills to clean-up carnage across the energy industry, which has seen 29 suppliers go bust since September.
Alongside cost-cutting measures, the CPS has pushed for more focus to on insulating UK homes and developing more skilled installers of green upgrades that would reduce energy usage and drive down bills.
Read more in City AM here.
Date Added: Tuesday 31st May 2022
