Lib Dem candidate for Caerdydd Ffynnon Taf welcomes party’s plan to slash energy bills

In a speech on Wednesday 12th November, Liberal Democrat Deputy Leader and Treasury Spokesperson Daisy Cooper called on the Chancellor to reduce household energy costs in the upcoming Budget by removing the “renewables obligation” levy that people currently pay as part of their electricity bill.

This would slash the typical bill by more than £90, taking it to its second lowest level since the energy crisis started in 2022.

This, alongside a separate call on the Government to cut VAT by 5% for pubs, restaurants, entertainment and accommodation venues, make up a bold £12bn plan to tackle the cost of living and support Britain’s high streets, putting £270 back in people's pockets.

Rodney Berman, lead Liberal Democrat Senedd candidate for Caerdydd Ffynnon Taf, said: 

“People here in Cardiff and across the country are facing sky-high energy bills and this government is unfortunately not doing enough to combat the problem.

“The Liberal Democrats’ plan to cut the average energy bill by more than £90 a year will put more cash back into people’s pockets. It will become more affordable for my constituents to heat their homes and help tackle the cost-of-living crisis head on.

“Lower energy bills would also leave people with a bit more spare cash to spend on the high street, which would re-energise our struggling small businesses and help drive economic growth. The Chancellor needs to listen.”

ENDS