Give all UK households a set amount of subsidised energy, says thinktank

Give all UK households a set amount of subsidised energy, says thinktank

A new proposal from the New Economics Foundation suggests that all UK households should receive a minimum amount of subsidised energy to help manage rising costs. The initiative aims to provide enough energy for heating two rooms, hot water, and essential appliances like fridges and washing machines, without adding to household debt.

The thinktank estimates that implementing this scheme would require a government subsidy of approximately £4.5 billion, funded through taxes on North Sea oil and gas. By freezing energy rates at current levels, the plan seeks to alleviate financial pressure on families struggling with increasing energy bills.

This proposal comes as energy costs continue to rise, prompting calls for more robust government intervention to protect consumers and support the economy. The suggestion highlights the need for a comprehensive approach to energy affordability in the UK, particularly for vulnerable households.

Source: www.theguardian.com – https://www.theguardian.com/business/2026/apr/09/give-all-uk-households-a-set-amount-of-subsidised-energy-says-thinktank