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Targeted support must go beyond current price guarantee

Targeted support must go beyond current price guarantee

The targeted support the government has promised once the Energy Price Guarantee expires in April must go further in helping the poorest households to pay their energy bills than existing measures, a senior figure at National Energy Action (NEA) has argued. Matt Copeland, head of policy and public affairs at the charity, said any measures that replace the guarantee should last for the remaining 18 months of the two-year period is was originally intended to cover, giving the government time to ultimately introduce a social tariff.

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With rising energy bills, government-backed initiatives to relieve energy costs and the Labour-proposed national energy generator, the strategic direction of the UK energy market is under increased scrutiny and speculation. Could market-wide half hourly settlement be the revolutionary change that will catapult the industry into the future?

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