Nearly half of MPs back cutting electricity levies to make heat pumps cheaper - London Business News | Londonlovesbusiness.com
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Nearly half of MPs back cutting electricity levies to make heat pumps cheaper - London Business News | Londonlovesbusiness.com
"Savanta conducted the study 'Power Politics: Electrifying the Future of British Energy' on behalf of leading clean energy tech company, Aira. The report found that near half (48%) of MPs would agree to reducing electricity costs to make heat pumps a more affordable alternative to gas boilers, with just 17% saying they would disagree. Overall, 34% said that they would remain neutral or would need to learn more about the benefits of cheaper electricity before backing the policy change."
"In the UK, households currently pay four times more for their electricity than for gas, despite a large share of the country's electricity coming from renewable sources such as wind, solar, and nuclear power. British households face some of the highest electricity prices in Europe, largely because about four-fifths of levies are added to electricity bills, with only one-fifth applied to gas bills, making electricity disproportionately more expensive."
"A new landmark study of 111 British MPs reveals cross-party attitudes towards electricity prices and taxes, home efficiency measures and broader understanding of the Boiler Upgrade Scheme. Heat pump leaders are calling for policymakers to use their influence to better educate people on clean energy-tech solutions, available incentives and to increase accessibility with cheaper electricity. Electricity tax reform - The clean energy tech revolution begins"
111 British MPs expressed cross-party views on electricity prices, taxes and home efficiency measures, including awareness of the Boiler Upgrade Scheme. Forty-eight percent would agree to reducing electricity costs to make heat pumps a more affordable alternative to gas boilers, 17% disagreed, and 34% were neutral or said they needed to learn more about cheaper electricity benefits. Heat pump leaders urged policymakers to educate the public on clean energy technologies, incentives, and improve accessibility through cheaper electricity. UK households pay roughly four times more for electricity than gas because about four-fifths of levies are added to electricity bills. Opposition to removing levies was strongest among Liberal Democrats (58%), compared with Conservatives (22%) and Labour (10%).
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