Cheap gas gets a boost in new Energy Bill

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Cheap gas and electricity could soon be enjoyed by all, as the Queen's speech outlines new measures to improve energy efficiency and cut the UK's carbon footprint.

A "green deal" including incentives to save energy aims to introduce a 'pay-as-you-save' approach, which could mean cheap gas bills for customers and more control over their power consumption.

Energy and climate change secretary Chris Huhne said: "The Energy Bill is designed to help customers put a stop to wasting energy in their homes through a green deal, while making sure our energy system is fit for the 21st century."

Key features of the bill are set to include reforming energy markets and establishing a Green Investment Bank to encourage environmentally-friendly projects that benefit the economy.

The UK Climate Change Act passed in 2008 was the world's first legally binding legislation to tackle the problem of climate change.

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