With the general election date getting closer each day, the five main parties involved have been the centre of much media attention, and their policies on the tip of every voter’s tongue. There are a number of key issues forming the pillars of each candidate’s manifesto, such as taxes, EU membership and immigration, and the future of the NHS.
But what does the general election mean for energy? What changes will each party’s energy policy bring to the market? Below is a short guide to the five main parties’ energy policies, and their propositions for the future of the UK energy market.
On top of recent changes that the coalition government has made, the Labour Party want to continue making positive changes to the energy market. Some of their key points are:
The Liberal Democrats have outlined a number of specific actions to tackle the flaws in UK energy:
Introduce new rules for property landlords:
Implement a ‘Fuel Poverty Strategy’ to help those unable to afford sufficient heating
Introduce council tax discounts for energy efficiency improvements
The Conservative party has perhaps been the least detailed about their plans for energy:
As somewhat expected, the green party has more of a focus on energy than their competitors, with specific actions spanning a number of topics. For example:
UKIP also have very clear ideas for the direction in which they’d like to move the UK energy market:
Each party has thus far given a relatively clear indication of their views toward the UK energy market, and the actions they would take to improve it. You can find out more information on each party’s intended actions on their websites. There is still some time to go before the election, however, and official manifestos have yet to be released, so there’s a chance that more details on energy policies will emerge in the coming weeks.
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