To Address the Immediate Energy Crisis, Labour would bring in fully-funded measures to reduce the expected price rise, saving most households in Oldham East and Saddleworth around £200 or more.
Labour’s Warm Homes Discount plan could ease the pain of rising energy bills and help over 20,500 households in Oldham East and Saddleworth and over 44,000 in total across the entire borough.
The Conservatives’ decade of dither, delay and poor planning on Britain’s energy sector sits in stark contrast to Labour’s plan to address the immediate crisis, bringing in fully-funded measures to reduce the expected price rise in April, saving most households in Oldham East and Saddleworth around £200 or more.
Labour would also increase and expand the Warm Homes Discount, targeting extra support to the squeezed middle, pensioners and the lowest earners, saving more than 44,000 households in Oldham up to £600 off bills in total, and preventing all of the increase in energy bills currently expected. Labour would pay for this plan with a one-off windfall tax on North Sea Oil and Gas producers who have profited from price rises.
Families and businesses are facing an energy price crisis because a decade of failed Conservative energy policy has left us deeply vulnerable as a country. Labour wants to stop bills going up so we need more than short-term relief. Labour’s plan to keep energy bills lower in future would see an acceleration in home-grown renewables and new nuclear, retrofit 19 million homes to save households an average of £400 a year on their bills, and reform our broken energy system.