Energy UK calls on Government to offer loans to businesses facing ultra-high bills
One of the country’s leading energy bodies has written to the Chancellor Nadhim Zahawi, urging the Government to work with industry and financial institutions and bring in a deficit tariff scheme to keep bills down this winter.
It believes that Government-backed loans could help bridge the difference between today’s energy prices and expected hikes over the coming months.
The energy body suggests that bills could be eased throughout 2023, with costs instead spread over a longer 10-15 year period.
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