TaxCorporate TaxBrown to use energy windfall tax as threat

Brown to use energy windfall tax as threat

Energy companies to be told to help consumers, but take on the cost of the moves themselves

Energy companies are to be forced to sign up to moves to increase energy
efficiency, but without passing on the cost to consumers, under threat of a
windfall tax if they do not comply.

Energy companies are being pushed to pledge £300m in each of the next three
years to help consumers increase their energy efficiency. But if the cost of
those moves is pushed back onto the consumer, a windfall tax is expected to
follow,
The
Times
reports.

Gordon Brown is expected to discuss ideas for a windfall tax with union
leaders tomorrow at the TUC conference, the paper reports.

Further Reading:

Read
The Times story

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