Claw back excess profits on the grid to subsidise energy bills, says IPPR (opens in new tab)

Introduce mechanism on network companies to rebate £183 to households, says think tankIPPR also calls for “free electricity hours” to take advantage of windy daysHouseholds could receive a £183 rebate on their energy bills if the government acts to claw back excess profits made by energy network companies, according to new research by the Institute for Public Policy Research (IPPR).Energy network companies, which are responsible for building and maintaining the electricity grid, are expected ...