Ed has given energy firms an opportunity

But Miliband has opened up the conversation. Two weeks ago, the question of whether environmental and social subsidies should be paid through the energy bill or through general taxation was barely discussed outside the industry. Now, these questions are on every newcaster’s lips. Many energy companies have seized the opportunity Miliband has so kindly provided to put their case, for once. Eon chief executive Tony Cocker wrote an open letter to Miliband: “I’m asking all politicians: Help me to get smart meters into more homes more quickly. Help me to get British homes up to a modern, energy-efficient standard. Help me to get UK businesses on top of their energy use.” It’s a plea repeated across the industry.
Miliband has raised the spectre of a price freeze. But more importantly, he’s given the energy industry a platform to explain just how the consumer’s bill is spent. There are already signs that ministers are listening, with energy minister Michael Fallon indicating a willingness to scale back green costs where possible and Greg Barker opening the door to a delay in Eco.
What will it take to keep the lights on and bills down while doing our best for the environment? What would be the unintended consequences of a bill freeze? Will breaking up the big six’s generation and retail businesses open up the market to competition? Email me at ellen.bennett@fav-house.com or tweet #lightson and have your say in the big debate – started by Ed Miliband.

Ellen Bennett, Editor
ellen.bennett@fav-house.com