Ed Miliband 'considering' regional energy pricing
Ed Miliband, the energy secretary, is thinking about making energy prices different in various parts of the country. How this would work is not clear, but it might make energy bills less for areas like Scotland, where a lot of energy is made. However, this idea is not liked by everyone, with some folks saying it could mean higher bills for a lot of people.
Key Facts:
- Ed Miliband is reviewing plans for "zonal pricing", a way of setting energy costs differently in different places.
- This idea might lower bills in areas that make a lot of energy, like Scotland.
- Not everyone likes this idea. Some people think it could make bills higher.
- This change could be the biggest one in the energy market since the 1990s.
- Different countries, like Australia, Italy, and Sweden use this kind of pricing.
- Some energy businesses like this idea, but others do not.
- The government has not made a decision yet. They are still thinking about all the options and want to make sure everyone's bills get lower, no matter where they live.
Source Information
BBC Business