Ed Davey: Household bills will eventually be reduced

Energy Secretary Ed Davey told ITV Business Editor Laura Kuenssberg that consumers will be paying more for energy in eight years time, but said that those increases will eventually lead to bill reductions.


Bills to rise to pay for energy upgrade

Energy bills are set to rise by an average of £12 a year to pay for a £24bn upgrade of Britain's gas and electricity networks, the regulator Ofgem has announced.