Reform UK launches bold plan to slash energy bills by £200 a year
Reform UK vows big energy bill cuts
Reform UK has unveiled a daring plan to cut household energy bills by at least £200 annually. The party wants to scrap VAT and green levies on energy, targeting the soaring costs triggered by the Iran conflict.
At a London press conference, Treasury spokesman Robert Jenrick broke down the savings. Cutting the 5% VAT on energy bills alone would save families about £85 a year. Ditching green charges like renewables obligations and carbon price support adds another £115 in savings.
Jenrick promised, “The total savings would be at least £200 off their energy bill for the average family.” The cuts would be paid for by slashing quango budgets by 7.5%, a move Reform says would save £2.5 billion by 2030.
Win a year of FREE energy bills – Reform’s eye-catching stunt
To back up the pledge, Reform launched a cheeky contest: one lucky British street will get their energy bills paid for a full year. Voters can enter on the party website, and Nigel Farage will personally visit the winning street.
“A Reform government will cut the energy bills of every single street in every part of our country,” Jenrick vowed.
Energy bills skyrocket amid Iran tensions
The announcement comes as global unrest with Iran sends energy prices through the roof. Oil and gas prices have shot up, with bills set to rise by up to £250 when the current price cap ends this summer.
Industry group Energy UK has called on the Government to urgently step up support for struggling households. Boss Dhara Vyas warned bills remain inflated due to the Ukraine crisis and flagged record levels of customer debt as families feel the pinch.
Political fallout and defence row
Labour leader Sir Keir Starmer recently responded with a £53 million aid package to ease pressure from rising heating oil prices. Meanwhile, ministers hint at more measures on fuel duties and bills as Gulf tensions mount.
Nigel Farage also blasted Britain’s military weakness, blaming years of Tory and Labour neglect for leaving the Royal Navy short of resources to help reopen the vital Strait of Hormuz.
“We haven’t got the assets,” Farage said. “It’s the legacy of both Labour and fourteen years of Conservative government.”