MILLIONS of Brits could get a rebate on their energy bills worth hundreds of pounds under fresh plans to tackle the cost of living crisis.
Ministers are looking at proposals for the Government to underwrite around £6 billion worth of loans to energy firms to cover spiralling wholesale prices.
The Sun understands the plan was floated with energy firms - with several supportive but some opposed. Industry insiders said the proposal would succeed in stopping huge inflation as a result of dishing out cash - and would help thousands cope with rising bills. It will also likely include an extension of the warm homes discount for millions of families on low incomes who will be harder hit.Most read in The Sun
Source: Energy Industry News (energyindustrynews.net)
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