From Breakingviews: Here’s how the UK can cut power bills and go green, writes Hugodixon
gas boilers, Britons’ favourite method for heating their homes, are installed each year. So the government’s scheme only tackles 2% of the problem.
Requiring the utilities to put out to tender the job of kitting out people’s homes could further reduce costs. Octopus, an electricity supplier, has already found ways of fitting pumps more efficiently. It is charging consumers– effectively 8,000 pounds to 9,000 pounds before the government’s 5,000 pound subsidy. If there’s a military-style rollout, going up one street and then another, there would be yet more economies of scale.
Many economists think the levy should be switched from electricity to gas. But with gas prices soaring, charging consumers even more is a non-starter politically. Meanwhile, just scrapping the electricity levy would leave a hole in the government’s budget.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sunday Reading: Sam Knight’s Letters from the U.K.Reporting from London, samknightwrites has covered a number of revolving scandals, public-health crises, and political fiascoes in Britain. We’ve rounded up a selection of his work to celebrate his new book, which comes out on Tuesday.
Read more »
UK Intel: Quarter of Russian Forces In Ukraine Now 'Combat Ineffective'The British military believes more than a quarter of all troops Russia deployed for its war in Ukraine are now 'combat ineffective.'
Read more »
Spanish Thriller ‘Amigo’ Set for North America, U.K. via Dekanalog and Northern Banner (Exclusive)The film — a favorite on the festival circuit — stars creature performer Javier Botet in a rare human role.
Read more »
Harry Styles Enters Week Four Atop U.K. Chart With ‘As It Was’As it rides to a fourth consecutive week at No. 1 on the Official U.K. Singles Chart, “As It Was” accumulates a market-leading 7.2 million streams, the OCC reports.
Read more »
The First Flying-Car Airport Opens in the UK—But You Can’t Take Off Just YetRight now, the 'vertiport' is only carrying out demonstrations. But several locations could be fully operational soon.
Read more »
Unleashed by E-Type UK | PH ReviewThe Series III Jaguar E-Type was not the easiest version to love. Until now...
Read more »