The Treasury would need to approve each of the ideas still under consideration to help shield families from the worst of the looming hike in the price cap, Sky's Paul Kelso writes.
Scottish offshore wind farm contracts worth £700m awarded as Nicola Sturgeon welcomes 'really exciting' futureMinisters may also consider shifting some green levies from bills into general taxation. This may not be straightforward because some schemes, such as suppliers improving insulation in customer homes, are already contracted.
Figures published by Ofgem on Monday showed that suppliers spent £351m on rebates through the WHD scheme last year.and the number of eligible households quadruple to cover more than 8 million in receipt of pension credits or working age benefits at a total cost of £2.5bn.A state-backed scheme to spread the cost of taking on customers from failed companies is an idea also thought to have gained support.
Company failures in the last 12 months have already seen £1.8bn in costs passed onto suppliers, with a further £1.7bn at risk via the government-backed administration of Bulb.Customers are being urged not to panic after energy supplier Bulb went into administration. Ofgem is already consulting on changing its licensing conditions to allow commercial lenders to cover suppliers' so called"supplier of last resort" costs.
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