Miliband Plots 15% Net Zero Tax on Gas Bills AND a ‘Family Bathtime Tax’ on Water Bills

Ed Miliband is hatching a plan to shift £4.8 billion in green levies from electricity to gas bills — a move that would push up the average gas bill by £120 a year to subsidise heat pumps. The Telegraph has the details.

The Energy Secretary is looking at removing the taxes that are applied to electricity as part of his plans to encourage more people to buy heat pumps.

But he has admitted Rachel Reeves, the Chancellor, would not cover the £4.8 billion-a-year cost, meaning the charges would likely have to be shifted on to gas bills.

Government ministers and Ofgem, the industry regulator, have spoken positively about the plans, which experts calculate would add 15% to the cost of gas. …

Officials are likely to argue that the average household, which uses a mix of gas and electricity, would face no increase in overall bills as a result.

That is because the levies would simply be shifted from their electric bill to their gas bill, with the cost balancing itself out overall.

Homes with heat pumps would benefit most, saving £420 a year, but families who are heavily reliant on gas boilers and cookers could end up worse off....<<<Read More>>>....