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Energy and the Election

The rising cost of energy is an issue which has become more prevalent in the minds of consumer, especially as the general election draws closer.

The rising cost of energy is an issue which has become more prevalent in the minds of consumer, especially as the general election draws closer.

The requirement that the main political parties must compile a 35-40 year energy plan now places “Energy” as a main pillar of any manifesto, and the debate is picking up speed.
The energy sector is a definite sore spot when it comes to discussing what the Election will mean for both homes and businesses when it comes to running costs.

Love Energy Savings have been compiling research on what May’s General Election will mean for businesses energy bills.

While Labour claim that their price freezes will save businesses up to an average of £1,800 a year, the Conservatives have threatened that interfering in the market could lead to black-outs. The Conservatives have pledged to look at longer term alternatives like shale gas.

The Liberal Democrats are pushing their Heating and Energy Efficiency Bill which is designed to raise energy efficiency standards of British buildings while the Greens have promised a permanent solution to the UK’s energy crisis by setting out clear targets and timetables which businesses must adhere too when becoming more energy efficient. 
UKIP place the blame solely on Brussels and claim it is the UK’s membership to the EU which has caused the energy bill woes as of late. However, with many claiming we need the single market for the economy to continue to grow, leaving the EU may reduce energy prices but it would not be good for business.

Phil Foster, urges voters to choose wisely when they go to vote: “It is down to businesses and consumers to ensure they are fully informed when it comes to the parties and their stances on energy.”

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