energy gp, they found that up to around 40% of people don t quite understand that the energy cap is not a cap on the bill that you pay, it is a cap on the unit rates and standing charges the companies can charge you. so if you use more, you will pay more. and critically, if you use a lot less, then you will pay a lot less. it is important to understand that because it means you as a consumer, rather than accepting what you are getting and expecting and praying for government hand outs, can do your part, and doing your part will be a critical part of this, to get energy consumption down. if you can get your consumption down, it will save your consumption down, it will save you money. pa. your consumption down, it will save you money- you money. a really good point to reiterate and you money. a really good point to reiterate and emphasise. - you money. a really good point to reiterate and emphasise. thank i you money. a really good point to i reiterate and emphasise. thank you for doi
money is going on? let s look at october to money is going on? let s look at october to december, money is going on? let s look at october to december, the i money is going on? let s look at october to december, the £400j money is going on? let s look at i october to december, the £400 we money is going on? let s look at - october to december, the £400 we are providing every household in their bills, that will effectively meet about half of that increase that was announced today, we know we need to do more because actually the most vulnerable households have no cushion, have nothing available to them so what i am looking at his how i can target that help, for those people. notjust to i can target that help, for those people. not just to january but we need to make sure that we are resilient through next year so i am looking at all the options of how much more i need to deliverfor this health is held, for the smes, for making sure that we have the energy companies, one of the thi
to be a bigger conversation probably about how we store energy here. how we make our homes more efficient. clearly, it is easy to do that with newer bills and new builds, but so much of the housing stock, there needs to be retrospective action to make the home is more efficient? == make the home is more efficient? newer make the home is more efficient? » newer builds. yes, urgently, and we are campaigning for this through our website, energy efficiency through insulation is a must. we are talking about spending 70 billion on subsidies for energy bills that will not help us again next winter. we need to spend that money once to reduce energy demand in our homes and then that will payback year on year. but also, not to forget, we talk about loft insulation and cavity wall insulation, these are sometimes measures that are difficult to implement. but actually, energy efficiency through heating systems is a less appreciated measure that we can
must freeze gas and electricity prices through the winter, they should pay for that with an extension of the windfall tax on the oil and gas companies who are making huge profits and use that money to keep bills as low as possible for everybody else. that is the right and fair thing to do, that is what labour would do and that is what the government must now press on and do. the chancellor, nadhim zahawi, says he accept the current level of help on offer isn t enough. clearly there is real anxiety amongst the population, both in terms of people s household energy gas and electricity but also businesses, especially smes which i am also focusing on, the help we are putting at the moment, the 37 billion, we are part of the way through so the help coming in from october and onwards, everybody s built will get £400, of that in
options for both households and business for the incoming prime minister on the 5th of september to take those decisions. my message today is, we will get this 37 billion to people to help them for now and then more will be coming because we know this will continue in january because we know this will continue injanuary and of because we know this will continue in january and of course because we know this will continue injanuary and of course on two april and next year. we have to remain resilient. the message i want to be able to send to vladimir putin, and that the nation wants to send,is putin, and that the nation wants to send, is this will not work. we will continue to face you down, we will help ukraine, because you have illegally invaded a free and democratic country. that illegally invaded a free and democratic country.- illegally invaded a free and democratic count . ., democratic country. at the moment ou are democratic country. at the moment you are leaving democratic c