Tynemouth MP Alan Campbell has welcomed Labour’s recently published plans to address the energy crisis.
Alan said “I know many people are worried about rising energy bills.
Labour has recently set out our plan to both address the immediate crisis and make long term changes to ensure energy prices are affordable and fair.
In the short-term we are calling on the Government to introduce our fully-funded measures now to reduce the expected price rise in April – saving most households around £200 or more – but targeted extra support to the squeezed middle, pensioners and the lowest earners, receiving up to £600 off bills and preventing all of the increase in energy bills currently expected.
This would be paid for with a one-off windfall tax on North Sea Oil and Gas producers who have profited from price rises. We would also remove VAT on domestic energy bills for 12 months from April 2022. Paying no VAT on a domestic energy bill of £1,865 means every household would save £89. Across all 28.5m households that implies a cost of £2.5bn. We would also expand and increase the Warm Homes Discount: currently only 2.2m households get the £140 Warm Homes Discount on their energy bills, despite 4.3m households being eligible to receive the payment, including low-income pensioners and working-age households with young children or disabilities.
In the longer term, Labour have set out a fully-costed plan which will address the issues with our energy costs. I am urging the Government to take action now.”