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UK lawmakers approve windfall tax on oil and gas producers
British lawmakers approved a 25% windfall tax on oil and gas producers in the British North Sea on Monday, which the government says will raise 5 billion pounds ($5.95 billion) in one year to help people struggling with soaring energy bills.
read more... 12/07/2022
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EDF nationalisation will not raise French household power bills
The planned nationalisation of French power utility EDF will not result in an increase in the electricity bills of French households, government spokesman Olivier Veran said on Sunday.
read more... 11/07/2022
UK Unveils $18.4 Billion Package To Help Customers Pay Energy Bills
Household energy bills will spike to over £3,000 per year next January, putting more pressure on cash-squeezed Brits in the coldest month of the year.
read more... 23/06/2022
British energy regulator plans new rules to help customers as prices soar
Britain's energy regulator on Monday proposed new measures to protect consumers and prevent energy suppliers from charging high direct debit payments as households struggle to meet soaring energy bills.
read more... 20/06/2022
UK Considers Decoupling Power From Gas Prices In Biggest Reform In Decades
The UK government is considering ending the pricing system of British power prices, which are now linked with natural gas prices, in a bid to reduce energy bills for millions of households, The Times reported on Monday, quoting government sources.
read more... 15/06/2022