VAT Cut on Electricity Bills Explained | London News

New PM Andy Burnham’s first cost-of-living move slashes 5% VAT on electricity bills starting October 1 for six months, aimed at easing winter energy costs. While it could save households around £45 annually, the real winners are high-electricity users—those with electric heating, heat pumps, or EVs. Gas users won’t benefit much, and experts warn the relief may disproportionately favor higher-income households. Though welcome, charities say this isn’t enough to tackle the growing energy debt and call for broader, longer-term reforms. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3f559c1baaff4dd7