Solving the cost of living crisis: the case for a new social tariff in the energy market
- 4th July 2022
Low income energy customers face a double burden from the current energy crisis: the rising cost of bills and paying more for their energy due to the poverty premium. The government must introduce a new social tariff to lower the cost of bills for low income households. A social tariff is a targeted discount energy deal for qualifying low income consumers. It is a safety net for eligible households who might be struggling to afford their bills. It is typically below the price of the cheapest available energy tariff and targeted at those living in fuel poverty or on a low income.
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Low income energy customers face a double burden from the current energy crisis: the rising cost of bills and paying more for their energy due to the poverty premium.
The government must introduce a new social tariff to lower the cost of bills for low income households. A social tariff is a targeted discount energy deal for qualifying low income consumers. It is a safety net for eligible households who might be struggling to afford their bills.
It is typically below the price of the cheapest available energy tariff and targeted at those living
in fuel poverty or on a low income.
Read the report here.