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Lib Dems Push Plan to Halve Energy Bills by 2035

7/17/2025

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Summary

Story summary

The Liberal Democrats are championing a bold initiative to slash household energy bills by shifting renewable energy projects to Contracts for Difference (CfD). Leader Sir Ed Davey believes this move could break the costly connection between electricity and gas prices, with the potential to cut bills in half by 2035, while denouncing the outdated Renewables Obligation Certificates scheme for inflating costs.

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Story summary

The Liberal Democrats are championing a bold initiative to slash household energy bills by shifting renewable energy projects to Contracts for Difference (CfD). Leader Sir Ed Davey believes this move could break the costly connection between electricity and gas prices, with the potential to cut bills in half by 2035, while denouncing the outdated Renewables Obligation Certificates scheme for inflating costs.