Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Government to launch campaign to encourage public to cut use of power

by September 8, 2022
September 8, 2022
Government to launch campaign to encourage public to cut use of power

Ministers are drawing up plans for a public information campaign to encourage people to reduce energy use this winter amid fears that a price freeze will deter them from doing so.

There is concern within government that the intervention set to be announced by Liz Truss to tackle the sharp rise in energy costs could increase the risk of blackouts if it means that households and businesses do not reduce consumption.

The Times are reporting that ministers are wanting to work with energy companies on a public information campaign over the winter to encourage people to turn down their thermostats and turn off electrical appliances instead of leaving them on standby.

The move would represent a significant shift in government policy. Under Boris Johnson, Downing Street repeatedly refused to give advice on energy use, saying that it was a matter for individuals.

Ministers are concerned, though, that an energy price freeze will remove the incentive for people to keep their bills down. Russia has cut off supplies to Europe from the Nord Stream 1 pipeline, creating the prospect of energy rationing over the winter.

Other countries in Europe have already introduced public information campaigns. Switzerland launched an initiative with 40 partners from the public and private sector, using the slogan: “Energy is scarce, let’s not waste it.” It advised people to turn down their thermostats, take showers instead of baths, turn off electrical appliances and use a lid when boiling water.

Paul Johnson, director of the Institute for Fiscal Studies, said: “There is a logic to people reducing energy use when there’s a shortage and prices are high. A top priority of the government ought to be encouraging people to use less energy.

“If the price doesn’t go up to reflect the market price, in the end people won’t respond. This is going to be particularly true of higher-income households which use more energy.”

Read more:
Government to launch campaign to encourage public to cut use of power

0
FacebookTwitterGoogle +Pinterest
previous post
Heineken snaps up London craft brewer Beavertown
next post
Truss set to announce £150bn scheme to freeze energy bills for two years

You may also like

Victory for Innovative Bites Ltd as Judges Rule...

April 24, 2024

Surge in Loan Enquiries for Private School Fees...

June 8, 2024

Bookings Open for The Royal Ballet School’s 2025...

January 22, 2025

Thames Water risks running dry by spring 2025...

December 10, 2024

Businesses losing trust in HMRC as service standards...

October 15, 2024

Staff on sick leave at record highs in...

March 23, 2024

Business Banking Resolution Service announces Ombudsman Association membership

October 26, 2022

High cost of borrowing puts firms on their...

October 17, 2022

Nissan pledges to go fully electric in Europe...

September 25, 2023

Free! – Method To Posses Bitcoin For No...

October 20, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Iran regime escalates repression toward ‘North Korea-style model of isolation and control’

      July 4, 2025
    • UK revealed as Europe’s worst country for commuters in new ranking

      July 4, 2025
    • This July 4th, a family waits: American hostage’s father pleads for son’s freedom from Hamas terrorists

      July 4, 2025
    • $88m methane-tracking satellite lost in space, dealing major blow to climate monitoring

      July 4, 2025
    • New US visa rules will force foreign students to unlock social media profiles

      July 4, 2025
    • The real Formula 1: British Grand Prix highlights UK’s £16bn motorsport economy

      July 4, 2025

    Categories

    • Business (8,393)
    • Investing (2,102)
    • Politics (15,945)
    • Stocks (3,189)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved