The energy industry has piled pressure on the government to end its silence on rocketing bills, calling for a crisis fund to block the looming huge increases.
The chancellor, Nadhim Zahawi, is urged to embrace the idea of a “deficit tariff scheme”, to allow the pain to be spread over 10 to 15 years, in a letter from the Energy UK group.
It argues the state-backed fund would allow customers to pay back the cost through a surcharge on bills or through tax – potentially freezing the price cap for two years.
