UK Lowers Bills, Shifts Green Levy Costs
Chancellor Rachel Reeves has announced a significant policy change in the Autumn Budget 2025, aiming to reduce average UK household energy bills by approximately £150 annually by shifting renewable electricity costs from consumer bills to general taxation, effective April 1, 2026. However, this initiative has drawn criticism from environmental groups and industry stakeholders due to the simultaneous discontinuation of the Energy Company Obligation (ECO) scheme, which previously funded energy-efficiency upgrades for vulnerable households.