Reform UK has launched a bold plan to slash household energy bills by at least £200 a year. The party wants to axe VAT and green levies on energy costs — a move aimed squarely at easing pain from soaring prices linked to the Iran conflict.
Two-part energy bill chop announced
Treasury spokesman Robert Jenrick laid out the policy at a London press conference on Tuesday. He said cutting the 5% VAT on energy bills alone would save households around £85 annually. Get rid of green charges – like renewables obligations and carbon price support – and you pocket an extra £115.
Jenrick promised the total savings would be “at least £200 off their energy bill” for the average family. The cuts would be funded by a 7.5% slash in quango budgets, which Reform claims would save £2.5 billion by 2030.
Win a year of FREE energy bills – Reform UK goes big
To back up the pledge, Reform kicked off a stunt: one lucky British street will have every household’s energy bills paid for a whole year. Voters can enter on the party’s website, and Nigel Farage himself will visit the winning street.
“A Reform government will cut the energy bills of every single street in every part of our country,” Jenrick pledged.
Energy prices skyrocket amid the Iran crisis
The announcement comes as energy costs rocket following the flare-up in Iran. Oil and gas prices have surged, with bills expected to jump by up to £250 when this summer’s price cap ends. Industry group Energy UK has urged urgent Government support for vulnerable consumers.
Energy UK boss Dhara Vyas warned that bills remain inflated from the fallout of Russia’s Ukraine invasion and flagged “record amounts of customer debt” as households struggle.
Political responses and defence criticism
Labour leader Sir Keir Starmer recently unveiled a £53 million aid package to help those hit hardest by rising heating oil costs. Ministers have also hinted at further measures on fuel duties and energy bills as the Gulf tensions unfold.
Nigel Farage also took aim at Britain’s military strength, blaming years of Tory and Labour neglect for leaving the Royal Navy unable to assist the US in reopening the vital Strait of Hormuz.
“We haven’t got the assets,” Farage said. “It’s the legacy of both Labour and fourteen years of Conservative government.”
