Aberavon and Neath Liberal Democrats demand that the Government cancel plans to hike the average household energy bill by £500 in April, and bring in a tax on the “bonanza bonuses” of oil and gas bosses.
The party is calling for cuts to people's bills instead, combined with a new energy support package for businesses and essential public facilities,
In April the Conservatives are planning to hike the energy price guarantee by £500.
The Liberal Democrats' plans would mean that in Neath Port Talbot the average household would be £410.64 better off. In total, Neath Port Talbot would save a huge £26,202,586.
Local Lib Dems see new price hikes now as a “hammer blow” to families and businesses already struggling and that action is needed now to save people from a “cost of living cliff-edge.”
Nationally, the Liberal Democrats have set out their plan to tackle the energy crisis including:
1. A windfall tax on oil and gas companies to raise billions of pounds
2. A cancellation of the Governments £500 energy bill rise in April
3. A one-off bonus tax on oil and gas executives
4. Doubling the Warm Homes Discount to £300.
5. A U-turn on plans to slash energy bill support for businesses, leisure centres, schools and hospitals by 85%, and instead extend current levels of support for another six months.
Liberal Democrat Leader Ed Davey added:
“Rishi Sunak must act now to save families from a cost-of-living cliff edge, by cutting energy bills instead of increasing them. People deserve a fair deal - with a large cut to their energy bills, paid for by a proper windfall tax and a one-off levy on the bonuses of oil and gas bosses.”