📉 What does the budget mean for energy bills?
www.nesta.org.uk/blog/what-do...
@nestauk.bsky.social
📉 What does the budget mean for energy bills?
www.nesta.org.uk/blog/what-do...
@nestauk.bsky.social
It's a welcome step towards a more sustainable future, making it more affordable for households to transition to clean heating alternatives - but there's more to be done. ⤵️
It's a welcome step towards a more sustainable future, making it more affordable for households to transition to clean heating alternatives - but there's more to be done. ⤵️
@nestauk.bsky.social's @madgabes.bsky.social comments on the Budget's changes here www.nesta.org.uk/press-releas...
@nestauk.bsky.social's @madgabes.bsky.social comments on the Budget's changes here www.nesta.org.uk/press-releas...
@nestauk.bsky.social's @madgabes.bsky.social comments on the Budget's changes here www.nesta.org.uk/press-releas...
- £134 saving in typical energy bill (on the Ofgem price cap "typical home")
- 75% of Renewables Obligation moved off electricity bills to general taxation, cost of £2.3bn
- Abolishing £1.7bn pa ECO levy, replaced by £1.5bn over 3 years of govt funding
Government taking 75% of the Renewables Obligation levy off electricity bills, at a cost of £2.3bn per year. This is good!
The ECO levy (£1.7bn per year to upgrade fuel poor homes) will *end in April 2026*.
- £134 saving in typical energy bill (on the Ofgem price cap "typical home")
- 75% of Renewables Obligation moved off electricity bills to general taxation, cost of £2.3bn
- Abolishing £1.7bn pa ECO levy, replaced by £1.5bn over 3 years of govt funding
I've been reporting on welfare issues for a longtime now, and the two-child benefit repeatedly comes up as one of the biggest drivers of poverty in the UK
Many children's lives will be transformed by this change
I've been reporting on welfare issues for a longtime now, and the two-child benefit repeatedly comes up as one of the biggest drivers of poverty in the UK
Many children's lives will be transformed by this change
Government taking 75% of the Renewables Obligation levy off electricity bills, at a cost of £2.3bn per year. This is good!
The ECO levy (£1.7bn per year to upgrade fuel poor homes) will *end in April 2026*.
Government taking 75% of the Renewables Obligation levy off electricity bills, at a cost of £2.3bn per year. This is good!
The ECO levy (£1.7bn per year to upgrade fuel poor homes) will *end in April 2026*.
The cockup version (usually the accurate one) would be this is the mother of all fuckups, and could be existential. This is the most market sensitive budget stuff imaginable.
The cockup version (usually the accurate one) would be this is the mother of all fuckups, and could be existential. This is the most market sensitive budget stuff imaginable.
They deleted the line in which I describe Donald Trump as “the most openly corrupt president in American history.” /1
They deleted the line in which I describe Donald Trump as “the most openly corrupt president in American history.” /1
This should help break the collective amnesia.
This should help break the collective amnesia.
We have some @nestauk.bsky.social analysis here:
We have some @nestauk.bsky.social analysis here:
This is what JK Rowling is funding.
This is what JK Rowling is funding.