Know what you want? Try our 'Supplier Directory' 

Call for VAT cut on energy bills

The Energy and Utilities Alliance (EUA) has called for a VAT cut on spiralling energy bills this winter.

Chief executive of the EUA Mike Foster

Chief executive of the EUA Mike Foster said: “When global shocks hit home, it is the duty of a government to mitigate the impact. Energy bills have leapt £150 already this year for those on the Price Cap to £1,277 and all the experts agree, they will jump again next spring. When the regulator does not dismiss speculation of an average household energy bill of £2,000, it is time for the Government to act.

“Scrapping VAT on energy, as a temporary measure, will immediately reduce the bills of hard-pressed households. For those on the price cap, it will save them £64 a year at the current level. If bills do rise to £2,000, that VAT scrap will be worth £100. All households will get some relief this way. It isn’t a perfect solution but a good one.

“This move will also allow the Prime Minister to make good his promise made during the Brexit Referendum, when he and Michael Gove promised to scrap VAT on energy to give household cheaper energy bills as part of the Brexit dividend.

“EUA has polled the public on this. By a huge margin, 76% in favour compared to 11% against, voters would support a reduction in VAT on their energy bills.

“It is time to take action. Consumers are genuinely worried about paying so much more to keep warm. The choice of ‘heating or eating’ is one that no one should have to make.”

12 October 2021

Comments

Already Registered?
Login
Not Yet Registered?
Register

Vaillant team reflects on future of hydrogen

With one of its first certificated 100% hydrogen boilers now in place at the H21 test site in South Bank, Middlesbrough, the team from Vaillant involved with its installation and testing reflect on what it means to the industry, and what the results ...

  17-Aug-2022

Products & services to lower carbon to Net Zero in any and all buildings

Contact Rinnai today for free training and design support / free CPDs – simply email engineer@rinnaiuk.com or Tel 0300 373 0660 for consultation with sustainability specialists....

  18-Aug-2022

If you need to open a Solenoid Valve manually, you need a SVOM!

If you need to open a Solenoid Valve manually, you need a SVOM!
  22-Oct-2021
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

BESA CONFERENCE