Feature

Expert warns of renewed energy concern following budget announcement

Mike Foster, CEO of the Energy and Utilities Alliance, says: “News that the energy price cap protection coming to an end in April will surprise and worry millions of hard-pressed families. Together with the announcement that promised tax cuts have also been withdrawn will heap huge financial pressure onto those already struggling to pay their bills.”

17/10/2022 14:55:10

“The Treasury-led review to support families in the future looks like an excuse to cut support in these uncertain times, when we don’t know what energy prices will be," Foster continued.

"While all this is happening, the Government’s own Boiler Upgrade Scheme hands out £5000 subsidies to the well-off to change their heating, while millions struggle to pay their bills. It’s immoral in these difficult times and needs to be culled, with the money used more wisely.”

“This reinforces our view that, in the longer term, we need to switch away from fossil gas and switch our gas network to hydrogen. We can produce ourselves and free us from the global gas markets that Putin’s war has massively impacted.”

Written By Sophia Bell

Sophia Bell is the Group Editor of DPA, Connectivity, and PBSI. She joined the team in 2020 as Assistant Editor after achieving a First-Class Honours BA in English Literature and Film Studies from the University of East Anglia. In her current role, she leads the editorial strategy, driving digital growth and ensuring each title continues to deliver trusted, relevant insight for engineering and manufacturing professionals.