Jeremy Corbyn has also said the party would install solar panels on nearly two million homes.
Shadow Secretary of State for Business, Energy and Industrial Strategy Rebecca Long-Bailey said nationalising the grid was a measure to tackle climate change.
"With no credible plan for how Labour would pay for this, more borrowing and tax hikes would be inevitable. Labour said they wanted to give new public agencies the power to deliver the party's ambitious climate change targets and to tackle fuel poverty.
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