Overview
- Ed Miliband wrote to energy suppliers instructing that every penny of the Budget’s bill reductions be passed to consumers, including customers on existing fixed‑term tariffs.
- The Autumn Budget sets an average £150 annual cut to household energy bills from April 2026 by ending the Energy Company Obligation at its March 2026 expiry and partly removing a renewables levy.
- Government figures show estimated savings ranging from about £88 for low‑demand flats to around £442 for high‑use electric storage‑heated homes, with other household types in between.
- Official documents indicate the ECO has added roughly £43 to a typical annual bill and the legacy renewables obligation around £90, costs ministers plan to lift off bills.
- Labour sources say payments to six million Warm Homes Discount recipients bolster the party’s claim toward its bill‑cutting pledge, with pass‑through to be scrutinized as implementation nears.