Reeves considers cut to green levies in effort to reduce cost of energy bills

<p>Exclusive: Chancellor hopes to save up to £170 from average bill but industry insiders say move would be ‘disastrous’</p><ul><li><p><a href="https://www.theguardian.com/uk-news/2025/nov/04/prospect-of-breaking-50-year-income-tax-taboo-shows-scale-of-reevess-challenge">Prospect of breaking 50-year income tax taboo shows scale of Reeves’s challenge</a></p></li></ul><p>Rachel Reeves is considering slashing funding for more energy efficient homes to pay for a reduction in energy bills, sources have told the Guardian, as the chancellor looks for ways to ease the cost of living in this month’s budget.</p><p>Reeves is finalising a multibillion pound energy support package that is likely to cut taxes and green levies from people’s bills as she looks to save as much as £170 from the average bill.</p> <a href="https://www.theguardian.com/uk-news/2025/nov/04/chancellor-considers-cut-green-levies-reduce-cost-of-energy-bills-rachel-reeves">Continue reading...</a>