
Energy costs are considered a “national crisis,” according to Tice. Next month’s Ofgem-regulated energy cost cap is expected to rise by 4 percent, primarily due to the Middle East conflict affecting global gas markets.
Reform announced plans to eliminate charges on gas generators, including those from the U.K. Emissions Trading Scheme (ETS), which aims to reduce greenhouse gas emissions from energy-intensive industries.
The Labour government is working to connect emissions trading systems between London and Brussels, as a part of “reset” negotiations with the EU, hoping to lower industrial costs and ease trade barriers. An agreement is sought at the upcoming EU-U.K. summit this fall.
Tice is committed to abolishing the Carbon Price Support (CPS), a levy introduced by former Prime Minister David Cameron. The Labour government under Keir Starmer has already promised to eliminate CPS charges from bills starting in 2028.
According to the party, removing these levies could save £90 annually on energy bills.
Reform also plans to abolish other policy costs from household bills, including the remaining parts of the Renewables Obligation scheme that supports older net-zero projects. Most charges from this scheme were moved to general taxation by former Chancellor Rachel Reeves last year.













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